| NEWSSTORY |
ApplianSys acquires Freedom2 assets |
By ApplianSys , July 12, 2006 |
ApplianSys, a
UK company designing, manufacturing and selling appliance-based technology
has today announced it has acquired the assets of Freedom2, providers of
a range of Internet solutions for the school and business markets. Freedom2
went into administration earlier this year and ApplianSys will continue
to offer and support the Freedom2 brands including Freedom2Cache and Freedom2Teach.
"We see this acquisition as part of a programme of our investment in education," said Mike Clark, CEO, ApplianSys. "We are extremely committed to UK schools, colleges and education authorities and we are now in the process of integrating the Freedom2 products into our existing support operations, networks and customer care organisations to ensure a smooth transition and immediate value for customers and partners." Any former customers of Freedom2 with a paid support contract will be offered a range of options by ApplianSys, which allow customers to secure ongoing support immediately. ApplianSys has a great deal of experience at providing caching solutions to UK schools, with an installed base of over 1,500 units. The company works closely with leading content providers such as Pearson KnowledgeBox and Espresso and its larger caches sit in the core networks of many LEAs. This recent acquisition follows on the back of what looks likely to be another successful year for ApplianSys. The company has experienced 100 per cent growth per year since 2003 and this is set to double again this year. The company will concentrate on accelerating growth in the forthcoming year and further acquisitions offering synergies with the company's core appliancing business will also be part of the growth strategy. In addition to the education market, ApplianSys also sells its range of server appliance solutions to LEAs and councils and to blue chip customers worldwide such as Exel, IBM, BT, Boots, Panasonic, Cable & Wireless, Financial Times and London Business School. |
| Close Window |