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This investment by Blackstone will allow Cloudreach to continue to expand their geographic reach and further automate and expand their managed services / cloud operations capabilities as the adoption of IoT and AI accelerate within corporations around the world.
"This investment by Blackstone will allow us to continue to expand our geographic reach, our software development capabilities, and further automate and expand our managed services [and] cloud operations capabilities. "The focus is to enable our customers to innovate at pace and adapt their business to today's IoT, AI and digitally driven world."
http://www.channelweb.co.uk/crn-uk/news/3004745/msp-cloudreach-snapped-up-by-blackstone
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