Cloudsource Acquires XNet

Agreement Deal Acquisition

Cloudsource Technologies have acquired XNet Technology, a provider of IT and Web solutions in Greater Manchester, for an undisclosed.

XNet specialise in a range of web-based services including Web Development and Design, Senior IT skills, Web hosting, Software Development, CRM Development (Salesforce, Microsoft Dynamics) and Database Development.

Cloudsource Managing Director, Carl Lowe, said of the acquisition: “This is another exciting step forward for Cloudsource and I’m delighted that we’ll now be able to offer some fantastic new services, as well as strengthening our existing offering to customers. Their 60-strong customer base will be a great addition to our own and will help to further establish our presence in the region and nationwide.”

Bury-based Cloudsource Technologies provide a range of cloud-based telecommunications and IT solutions to businesses across the UK. This month they are also launching a dealer channel to provide smaller resellers or those looking to move in to telecoms with the opportunity to offer their customers Cloudsource services under their own brand.