Advisor to Telefónica Tech on the acquisition of Altostratus
AZ Capital has advised Telefónica Tech on the acquisition of Altostratus Cloud Consulting, a company that specialises in multi-cloud services and Google Cloud Premier Partner for Southern Europe. Telefonica Tech will strengthen its Cloud capabilities with this acquisition, adding to its team the highly qualified professionals that are part of the company and reinforcing its leadership in the sector by extending its positioning with the main hyperscalers.
Additionally, Altostratus is adding its expertise in consulting, implementation, migration and managed public cloud services to Telefónica Tech’s portfolio. The company, which provides services to more than 300 customers, from large corporations to SMEs, also offers tailored-made solutions on Big Data and Machine Learning technology and proprietary solutions.
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