BT unveils technology acquisition

Telecoms group BT bolstered the IT services part of its business today by unveiling the acquisition of computing firm Basilica.

The deal for an undisclosed sum will enable the group’s BT Business arm to meet the IT and communications needs of small and medium-sized enterprises (SMEs).

Basilica, which designs and implements IT, employs more than 200 staff and generated revenues of £76m (€51.7m) in the year to August 31 last year. It has its head office in Letchworth Garden City, Hertfordshire.