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.
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Blackstone acquires London-based cloud computing firm Cloudreach
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"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."
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