Blackstone acquires London-based cloud computing firm Cloudreach

Blackstone, which has $100 billion (80 billion pounds) in private equity assets under management, has acquired a majority stake in cloud computing business Cloudreach for an undisclosed sum, the investment firm said on Thursday.

London-based Cloudreach was founded in 2009 and has operations in seven countries, with clients including travel booking sites Sky Scanner and Trainline and publisher Time Inc. Research group Fast Track said in its 2015 report that Cloudreach was among the 20 fastest-growing British technology companies. Read More


Meet Pontus Noren, CEO, Cloudreach and Cass MBA alumnus

Many of you will have seen the recent news that private equity giant Blackstone bought a majority stake in the technology company Cloudreach.

But did you know that Pontus Noren, CEO and co-founder of Cloudreach, is a Cass MBA alumnus (2004)?

Pontus has over 15 years of international experience in the IT industry in sales, business development and product marketing, working for a series of blue chip companies like Cisco, Computer Associates, Ericsson Hewlett Packard, and Nokia Telecommunications.

He took some time out of his busy schedule to talk to the Cass PR team about his experience at Cass and how it has prepared him for his current career. Read More


CRN Interview with Pontus Noren

 

Silent Revolution: Understanding Serverless Computing

 

What's the biggest challenge facing the industry no-one is talking about yet?

The digital divide which is building up in society between those who are in and those outside. This is not only causing issues on an individual level, I think we are seeing a big gulf building up between the knowledge industry and more traditional industries in terms of compensation for those who work in it. Read More


It won’t come unwanted, but it will transform the fundamental basis on which computing is done. Serverless computing brings with it many benefits but also doubts. Yet, the pros outweigh the cons as Pontus Noren, CEO and cofounder of Cloudreach, tells João Marques Lima. Read More