Legal IT Professionals recently reported that BT acquired Tikit. Today, via a press release, CEO Designate Tim Springham comments on the acquisition. "We are proud to welcome Tikit into our family of IT and telecoms businesses. The partnership with Tikit gives us a great opportunity to leverage the breadth of joint products and services, as well as maximising the power of our brands and global reach.
We will expand our IT services capability together and continue to grow both businesses. BT is committed to investing in and growing Tikit, developing new products and services, as well as using our global reach to enter new geographic markets."
Tikit will join a portfolio of six other separately managed businesses within BT Enterprises, a division of BT Retail. Each of these businesses benefit from the power of the BT brand to provide IT, communications and network services, whilst maintaining the autonomy and entrepreneurial spirit of a standalone business.
In addition to being the UK's leading telecommunications provider, BT has developed expertise in network, hosting, security and IT solutions for small business, large corporates and government. BT is a global leader in managed network IT services and has a track record of delivering for clients globally in more than 170 countries. BT is also rolling out in the UK a super-fast fibre Broadband network faster than anyone else in Europe. With Tikit's market expertise and BT's communications and network capabilities, we plan to develop and launch new propositions that will help our customers become better connected, improve their productivity and utilise technology to its fullest.
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