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Acquisition of appspeed by grahame smee

It is announced today that Appspeed Ltd, the specialist Virtualisation, Storage and Server Based Computing Distributor has been acquired by Grahame Smee, who also acts as Managing Director of Cohort Technology Ltd.

Appspeed distribute a range of Virtualisation, Storage and Server Based Computing vendors including Virtual iron, RES and Provision Networks.

Commenting on the acquisition, Grahame Smee said We are delighted at this exciting acquisition. Appspeed have a great range of emerging products in the fast growing Virtualisation, Storage and Server Based Computing markets where we know adding additional value, to both our vendor partners and resellers can bring us all excellent returns. We intend to make a very significant investment into the expansion of this business and with our knowledge and expertise of these markets we anticipate significant further growth." Where appropriate, it will also allow vendor partners of both Cohort and Appspeed to widen their reseller base as well as offering our resellers access to a broader portfolio he continued.

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