The acquisition of Lynx Technology follows the purchase of Basilica Computing that BT announced in August and further enhances BT Business’ capability to create and deliver complete IT solutions for small and medium-sized enterprises (SMEs) in the UK.
Founded in 1973, Lynx Technology specialises in consulting, technology and outsourcing. It is a Microsoft, Cisco, Symantec and Surf Control Gold Partner, and an HP Business Partner. It has more than 500 employees, including 200 field engineers, 50 consultants and 100 service, support and logistics staff. Its headquarters are in Chesterfield, Derbyshire.
Bill Murphy, managing director of BT Business, said: “Lynx Technology is a very impressive IT services business, with a proven track record of understanding and meeting the needs of SMEs. Their expertise complements that of Basilica Computing and combined with our existing operation will enable us to give our customers genuinely converged communication and IT solutions.
“Small and medium sized companies need to focus on their core business. Our customers tell us they want to concentrate on ‘doing what they do best’. We make that possible by taking care of their entire communications and IT; linking their customers, suppliers and partners and enabling communication, collaboration and commerce.”
Paul Edgeley, managing director, Lynx Technology, said: “This is a very exciting time for everyone at Lynx Technology. We’re delighted with the opportunities this transaction will deliver to the strong platform that we have developed. And we’re confident that this will prove to be extremely beneficial for our customers, employees and our business partners.”
Lynx Technology generated revenues of £47 million and had audited gross assets of £15.6 million for the year ended September 30, 2006.