Former LogicaCMG telecoms unit formally launched
Acision, the messaging business of LogicaCMG taken private in April, has formally launched today.
Acision has been formed from the recent £265m (US $525m) purchase of LogicaCMG Telecoms Products by a consortium including private equity buyer Atlantic Bridge Ventures and industrial holding group Access Industries. Is senior executive management include many from LogicaCMG’s early says in the SMS business.
Chris McDermott, CEO of Acision said, “Acision is in the enviable position of having investors with a deep market knowledge and long term focus, supporting a team renowned for creativity and assured service delivery. We already lead the market with our products and innovation, placing us at the heart of our customers’ strategic business services. Our local expertise and global experience, teamed with new investment, put us in a great position to achieve our goal of providing solutions that make our clients successful.”