Rigby Group merges technology businesses
THE Rigby Group is to merge two of its technology businesses to capitalise on growing demand within the data service data services sector.
The Warwickshire-based group said mobility specialist One Point and data delivery business Fluidata would combine their services to target a market rising at an exponential rate.
As FluidOne, the combined business will provide mid-range enterprises with a through the line solution to transporting, protecting and maintaining data across multiple teams and locations.
The group believes demand in the sector will be so high that the new business will be targeting growth in annuity services to £50m.
Steve Rigby, Chief Operating Officer of Rigby Group, said: “Fluidata and One Point are a natural fit. They are both innovative, award-winning companies with a progressive approach and clear vision for the future, and as FluidOne, we anticipate they will offer a combined strength and expertise capable of powering significant growth in an increasingly important sector.”
Rigby Group invested in Fluidata in June 2015 to boost its capabilities in innovative high speed data connectivity solutions to the corporate, industry and public sectors.
The company subsequently took a controlling stake in One Point in December 2015, adding mobile voice and data capability to complete its managed service offering.
John Taylor, executive director at Rigby Group Investments, added: “The FluidOne launch represents the latest milestone in an ongoing data services strategy and provides a stable foundation for the group’s evolving Data Telecoms operations.”
