9 Nov 2015
Singaporean cloud and data centre company DeClout announced in a press release that it has agreed to acquire certain ISP assets from Telstra, including the ‘Pacific Internet’ trade mark in Singapore which previously formed a small part of Telstra’s multinational Pacnet business which the Australian group is in the process of integrating. A Telstra spokesperson explained to news site ZDNet: ‘Telstra has entered into an agreement to sell the assets from the Pacnet Internet business in Singapore and Thailand to DeClout. The sale is consistent with our strategy for our Global Enterprise and Services business, which includes the former Pacnet assets, to provide services to multinational companies and other large enterprises, rather than the small business segment. The Pacnet Internet business in Singapore and Thailand is relatively small. It was not a core part of Pacnet, and it does not align with our strategy to grow our services to multinational companies and other large enterprises. Therefore, we have agreed to sell it to a company that is more focused on the small business segment.’
Subject to regulatory approval, the transaction will see certain acquired ISP assets merged with DeClout subsidiary Acclivis’ existing Singapore-based ISP and corporate voice business, OSINet, under the Pacific Internet brand. The press release from DeClout adds that the double acquisition will bring in more than 3,000 small-to-medium sized enterprise (SME) customers.