Matthew Riley, Chairman of business-to-business telecommunications and IT provider Daisy Communications Group has completed a £215 million deal to acquire 4Com, a Bournemouth– based communications, IT, and broadband provider.
Riley was attracted to 4Com because of its cloud communications product HiHi, a business phone with in-built video calling technology.
The deal will increase Daisy’s small and medium enterprise (SME) customer base to more than 200,000, with revenues from the division reaching over £400 million.
