Network Telecom, the Telford-based telecommunications provider, has been acquired by European group, Enreach.
The deal, which was for an undisclosed sum, will see Network Telecom remain based at its current location in Telford.
Enreach will be working with Network Telecom’s senior management team while Paul Maxfield (pictured), the provider’s founder, will oversee the transition in a temporary capacity.
Mr Maxfield said: “Over the past few years, we have worked hard on a new direction to provide our growing customer base with a complete portfolio of secure communication and innovative IT solutions.
“The acquisition of Network Telecom by Enreach is a strategic and well-considered decision that will not only help facilitate our customers growth, but also the growth of the entire group."
With the acquisition of Network Telecom, the impact of Enreach, parent company of Voiceworks, Swyx, Centile and ipnordic, on the European UC market is growing.
Stijn Nijhuis, CEO of Enreach, said: “Besides our long history of successful UK Swyx business and some good performing Centile business, the acquisition of Network Telecom is our first significant step into the UK market.
“The acquisition will extend our UK ecosystem, local expertise and resources, which will benefit our partners. Network Telecom currently delivers its business through the direct channel and the goal will be to create joint proposals for Enreach's channel business and partners based on both feedback from Network Telecom and our current UK partners.
"We are therefore very pleased to be able to add Network Telecom to our group."
Move helps solidify future growth plans
Severn Hospice will benefit from fund-raising year
Success follows record breaking sales year
Telecomms group acquires another firm to increase its reach across Europe
Check out the latest entries on our bulletin board
Experts are finalists in four categories
Chief executive, Network Telecom in Telford
New UK director of marketing is appointed
Deadline is extended for Shropshire companies
Unofficial network sees companies working together
Gateway organisation will help boost job opportunities
Practical advice available on future global trading
Virtual showcase helps companies reach new markets
It's the fifth time company has secured both titles
First birthday marked with new contract wins