Xchanging buys network services firm

Data Integration, a leading UK networking, security and communication technology provider, is joining the Xchanging empire.Outsourced business processes specialist Xchanging is paying £6.5m for Data Integration (DI), with a further £2.5m liable to be paid through earn out clauses. DI reported revenues of £14.5m in the year to 31 march 2010. Xchanging said the acquisition will strengthen its technology capabilities in network managed services and establish a reseller platform, and also bring a strategic customer base in the UK through its existing network of managed service contracts.The two companies have already worked together in the past on business process outsourcing services for claims handling on the London insurance market.