Computacenter has completed the acquisition of Thesaurus Computer Services for £900,000, bolstering its IBM z series business.
The deal, exclusively revealed by MicroScope this morning, will see staff and management, as well as the customer list including Toyota and Birmingham City University transfer to Computacenter.
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"This acquisition will strengthen Computacenter's position in the mainframe service solutions market, through bringing in a mix of both existing and new customers to our solutions sales capability," stated the firm in a City filing.
"The consideration payable in cash amounts to £900,000," it added.
Last month, Computacenter sold its distribution business CCD and revealed plans to become more acquisitive; only yesterday it coughed up €2m for becom Informationssysteme.
According to sources, Thesaurus struggled to pay suppliers on time as the project work dried up and the directors had decided to call in the administrators.