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Magnet Networks Acquires IT Group

/ 19th March 2019 /
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Magnet Networks has boosted its range of managed services on offer to businesses following the recent acquisition of IT Group. The deal was effected in December 2018 and officially announced this week.

Headquartered in Dublin, IT Group specialises in large-scale IT deployments and systems migrations.

The business was founded in 2000, initially providing project management and engineering services to Cara Group. IT Group since expanded and clients have included Paddy Power Betfair, the Doyle Collection hotel group and the Department of Foreign Affairs and Trade.

IT Group primarily provides white label IT solutions, focusing on WiFi networking, digital communications and security.

IT Group's operating company reported turnover of €2m for 2018. The firm’s most recent account filings are for 2017, when it booked a loss of €181,000. Sixty staff were on the payroll in 2017 and the firm’s shares were held by CEO Rodney Moore (70%) and Adrienne Murphy (30%).

In Association with

Meanwhile, Virgin Media Business has launched a new Broadband, Cloud and Mobility bundle for business customers, ‘VOOM Anywhere’.

Virgin says that from €99 per month, Virgin Media is offering 400Mbps VOOM Fibre Broadband, VOOM Cloud Voice (Hosted PBX), Dedicated Voice Modem and next working day service agreement.

Nicola Murphy, senior manager business marketing, commented: “This is a powerful new focus for the Virgin Media Business brand. Rather than telling a functional story, we want to bring our service offering to life for our customers in an engaging and emotive way, sharing business stories that are bold and ambitious.  The offer we’re launching today provides compelling advantages for businesses.”

Murphy added that VOOM Anywhere combines Virgin Media’s cable broadband and VOOM cloud voice service to make business customers’ working day more productive with greater flexibility and connectivity.

“The VOOM Anywhere bundle includes superior broadband and adds Virgin Media’s new VOOM Mobile service to the mix, helping businesses to take their office anywhere with maximum connectivity,” Murphy explained.

VOOM Anywhere is the first major brand campaign by Virgin Media Business in two years. The company says it is aimed at shaking up the category by focusing on emotive storytelling. “It reflects the company’s core purpose of building connections that really matter, enabling businesses, colleagues and communities across Ireland to flourish,” said Murphy.

Photo: Rodney Moore (left) with Magnet executives Mark Kellett (centre) and Stephen Brewer (Pic: Conor McCabe)

 

 

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