Easynet
Encyclopedia
Easynet Global Services are a provider of managed network, hosting and telepresence solutions for businesses and enterprises worldwide.
Founded in 1994, Easynet Global Services are part of the Easynet group of companies, along with Easynet Connect
and UK Online
.
It was a part of BSkyB
, a FTSE top 50 company. BSkyB acquired the Easynet group of companies in January 2006.
On 21 July 2010, British Sky Broadcasting reached an agreement over the proposed sale of Easynet Global Services, to Lloyds Development Capital (LDC), a leading UK private equity company fully funded by the Lloyds Banking Group
. LDC will pay Sky £100 million for the business on completion of the transaction, subject to regulatory approval and a works council consultation in respect of certain Easynet employees. Sky will retain the UK network assets that it acquired as part of the original acquisition of Easynet Group in 2005. As part of the proposed sale, Sky and LDC will enter into a long-term supply agreement to grant Easynet Global Services continued access to Sky's fibre network. Easynet retains all of its international network and data centre assets, as well as the core IP infrastructure and network management functions. The sale was completed on 3 September 2010.
The company is headquartered in London, United Kingdom, and has offices throughout Europe, Asia Pacific, and the US.
Founded in 1994, Easynet Global Services are part of the Easynet group of companies, along with Easynet Connect
Easynet connect
Easynet Connect is a UK based Internet service provider. The Easynet Connect brand was founded on 7 January 2008 to focus on small-to-medium size companies with 11-249 employees. Easynet Connect’s core focus is as a business ISP, providing internet access connectivity, hosting and colocation...
and UK Online
UK Online
UK Online was a consumer Internet service provider that operated within the UK, and began as a dial-up provider in 1994. Network provider Easynet acquired the company in 1996....
.
It was a part of BSkyB
British Sky Broadcasting
British Sky Broadcasting Group plc is a satellite broadcasting, broadband and telephony services company headquartered in London, United Kingdom, with operations in the United Kingdom and the Ireland....
, a FTSE top 50 company. BSkyB acquired the Easynet group of companies in January 2006.
On 21 July 2010, British Sky Broadcasting reached an agreement over the proposed sale of Easynet Global Services, to Lloyds Development Capital (LDC), a leading UK private equity company fully funded by the Lloyds Banking Group
Lloyds Banking Group
Lloyds Banking Group plc is a major British financial institution, formed through the acquisition of HBOS by Lloyds TSB in 2009. As at February 2010, HM Treasury held a 41% shareholding through UK Financial Investments Limited . The Group headquarters is located at 25 Gresham Street in London, with...
. LDC will pay Sky £100 million for the business on completion of the transaction, subject to regulatory approval and a works council consultation in respect of certain Easynet employees. Sky will retain the UK network assets that it acquired as part of the original acquisition of Easynet Group in 2005. As part of the proposed sale, Sky and LDC will enter into a long-term supply agreement to grant Easynet Global Services continued access to Sky's fibre network. Easynet retains all of its international network and data centre assets, as well as the core IP infrastructure and network management functions. The sale was completed on 3 September 2010.
The company is headquartered in London, United Kingdom, and has offices throughout Europe, Asia Pacific, and the US.