Wavenet has resumed its 2020 acquisition drive with the purchase of Qubic Group in an undisclosed agreement.
Following several acquisitions in early 2020, Wavenet bought Qubic, a Hertfordshire-based specialist cloud voice and data supplier, further developing Wavenet’s position in the UK market with Qubic’s 25 years of cloud and technology expertise.
Joe Papa & Chris Papa, Owners of Qubic Group PLC, said: “It has been great working with the Wavenet team throughout this process, the acquisition of Qubic is an exciting opportunity for all of our customers and our staff.
“Being part of the Wavenet Group will build on the extensive portfolio of cloud-based voice and data solutions that Qubic is already offering customers and, backed by Wavenet’s innovation and growing UK presence, continue to deliver leading-edge services backed up by first-class customer and technical support”
Qubic expands Wavenet’s reach to Hertfordshire and joins VIA and Portal Voice and Data on the list of Wavenet’s acquisitions this year, after M&A activity announced in January and February respectively.
Bill Dawson, CEO of Wavenet, commented: “It’s exciting to be able to welcome the Qubic team into the Wavenet Group and provide some positive news in what has been a challenging year for many. The combination of our collective expertise will boost our cloud and technology experience while giving Qubic’s customers access to the Wavenet Group’s extensive and advanced solutions portfolio.”
