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    GAMA   GB00BQS10J50

GAMMA COMMUNICATIONS PLC

(GAMA)
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Gamma Communications : acquires Unified Communications infrastructure provider Telsis

11/25/2019 | 08:13am EDT

Gamma is pleased to announce the acquisition of Telsis, a developer of UCaaS​ solutions for small to medium size enterprises.

Bringing the right combination of specialist development skills and engineering expertise, the acquisition of Telsis will help Gamma deliver its strategic goal of being the leading player in UCaaS.

Additionally, Telsis provides established routes to market that will support Gamma's plans to ultimately introduce their expanding portfolio of UCaaS services to the European market.

Based in Fareham in the UK, Telsis employs approximately 25 people.

Andrew Taylor, Chief Executive of Gamma, commented:

'We're really pleased to announce the acquisition of Telsis. The development skills they have are core to Gamma's UCaaS strategy and we plan to enhance our existing engineering teams to provide more resource to accelerate our existing roadmap. We look forward to working alongside the Telsis team as we continue to grow Gamma and capitalise on the opportunities ahead.'

Bhavesh Parmar, Chief Executive of Telsis, commented:

'We are excited about being part of the Gamma team and working alongside them to accelerate their development plans to further enrich their UCaaS capability. Telsis has a strong reputation for designing disruptive technologies that put human interaction first and through this relationship we will extend our reach and enable a wider range of businesses to access our solutions.'

About Telsis

Telsis provides companies with transformation at speed. The velocity they need to grow their business. Telsis' carrier-grade solutions enrich communication, proactively manage fraud, secure revenues and transform network performance.

Telsis' unique approach encompasses Service Management and Cloud UCaaS applications. The products are designed and developed in the UK and Germany. Telsis has served 90+ customers in 45 countries and successfully delivered 1,500+ projects in the last 32 years and has a presence in Europe and Africa.

Disclaimer

Gamma Communications plc published this content on 25 November 2019 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 25 November 2019 13:12:00 UTC


© Publicnow 2019
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Financials
Sales 2021 452 M 622 M 622 M
Net income 2021 51,6 M 70,9 M 70,9 M
Net cash 2021 44,5 M 61,3 M 61,3 M
P/E ratio 2021 34,2x
Yield 2021 0,71%
Capitalization 1 771 M 2 438 M 2 437 M
EV / Sales 2021 3,82x
EV / Sales 2022 3,41x
Nbr of Employees 1 686
Free-Float 91,1%
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Andrew George Taylor Chief Executive Officer & Executive Director
Andrew Scott James Belshaw Chief Financial Officer & Executive Director
Richard Last Chairman
Phillip Stubbs Chief Technical Officer
Andy Morris Chief Operating & Strategy Officer
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