Computacenter Regulatory News (CCC)

3 Apr 2007 07:00

Computacenter PLC03 April 2007 Computacenter plc, the European IT infrastructure services provider is pleasedto announce the acquisition of Cable & Wireless Allnet Ltd, the in-premisescabling services (LAN) division of Cable & Wireless. Cable & Wireless Allnet Ltdhas gross assets of £17M and net assets of £6M and the financial impact of theacquisition will not be material to Computacenter plc. Separately, Cable & Wireless and Computacenter have entered into a masterservices agreement in which Computacenter will be a preferred supplier of LANservices to Cable and Wireless in the UK. Cable & Wireless Allnet Ltd "Allnet" provides consultancy, provisioning support,installation, support and maintenance to a broad spectrum of corporate andgovernment customers. The company has over 160 staff based in offices in Londonand Reading, as well as at customer sites. Allnet's skills and experience are a valuable addition to ComputacenterServices' growing Technology Solutions business in two key areas: • The acquisition complements our existing capability in the growth area of converged IP-based networks and related security and managed services, where clients look to achieve cost savings and flexibility. • Allnet is particularly strong in the structured cabling and facilities optimisation market, where it is identified as one of only three 'Tier 1' service providers identified by BSRIA (The Building Services Research and Information Association. Jon Bennett, Computacenter Technology Solutions Director, comments; "Theacquisition of Allnet furthers our strategy of building breadth and depth ofcapability in infrastructure services. We believe the addition of Allnet willgive us significant synergies and new opportunities to grow our servicesbusiness." James Steventon, Managing Director of Allnet, comments; "Our union withComputacenter is a highly attractive proposition for our customers, giving themaccess to wider geographical coverage and a far broader range of services. Aspart of a leading end-to-end services provider, I am confident we are wellplaced to realise our full business potential as a technology company". Enquiries: Computacenter plc Jon Bennett, Technology Solutions Director 020 7593 4211 Tony Conophy, Finance Director 01707 631515 Tessa Freeman , Investor Relations 01707 631514 Tulchan communications, Stephen Malthouse 020 7353 4200 This information is provided by RNS The company news service from the London Stock Exchange