Oncore IT acquires Fuse Technologies

Mergers & Acquisitions | South East | Technology

Oncore IT, a managed service and cloud platform provider specialising in the delivery of business critical systems and infrastructure, has acquired a 100% stake in unified communications provider, Fuse Technologies.

This acquisition comes nearly three years after Oncore IT was itself acquired by US-headquartered managed service and cloud solution provider, Ergos, and enables London-based Oncore IT to match the unified communications capability of Ergos in the US.

Oncore IT’s expansion includes managing the support of Fuse Technologies’ 10,000 users that span a variety of industries, primarily financial services, construction and professional services.

Michael Croft, CEO at Oncore IT, said: “At Oncore IT we have established a market-leading reputation by offering first class strategy, delivery and support. I am delighted to incorporate the unified communications expertise of Fuse Technologies to strengthen our UK portfolio.”

Ergos, a £19m revenue business headquartered in Houston, Texas, has offices throughout Texas, New Jersey and Dubai. Together, these two acquisitions strengthen Oncore IT’s already advanced support services while expanding the opportunities available to its clients on both a worldwide and local level. Oncore IT intends to keep growing the UK business through further acquisitions to match the size and growth of the US business.

David Redmond, CEO at Fuse Technologies, said: “We have always put customer service first. By becoming part of Oncore IT, and the global giant Ergos, our clients have a huge opportunity to benefit from enhanced services, experience an improved service level offering and take advantage of the global opportunities for business growth now available to them.”

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