back to article Telefónica's cloud limb slurps Cancom's UK&I biz to cash in on Brit enterprise tech market

Telefónica Tech – the cybersecurity and cloud wing of the Spanish-owned telecoms giant – has forked out €398m (£340m) to German outfit Cancom Group's UK and Ireland operations. The deal is being seen as granting Telefónica a decent toehold in the UK's enterprise market. Some 600 IT professionals from Cancom UK&I are moving …

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