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TheStreet Open House

Daisy Group Plc Contracted To Manage 2e2 Data Centre Business

MANCHESTER, England, February 15, 2013 /PRNewswire/ --

Daisy Group plc (AIM: DAY), a leading provider of business communications, is pleased to announce that it has been appointed by Oakley Capital Private Equity LP, ("Oakley") to manage the 2e2 Data Centre business.

Oakley has acquired, through a special purpose vehicle, Daisy Data Centre Solutions Limited, the business and assets of the 2e2 Data Centre business owned by the 2e2 Group that is in administration.

This contract, alongside other investments the Group is making into its data centre offering, enhances Daisy Group's portfolio and will significantly increase exposure to this fast growing market.

Daisy Group will work with existing data centre employees of the business to provide data and hosting services from its data centres in Gateshead and Reading. Combined together, these data centres will double the amount of data centre power available to the Group's customers, increasing from 2Mw to 4Mw.

Matthew Riley, Chief Executive Officer of Daisy, said :  

"This appointment provides 2e2 customers with the opportunity to work with a long-term partner with proven expertise in the growing data and hosting market.

"Through the additional data centre facilities the Group is in a position to significantly expand its data and hosting footprint, providing stability to existing 2e2 customers and offering further expertise and resource to Daisy customers."

Notes to Editors: 

About Daisy Group plc

Daisy Group plc (AIM: DAY) is a leading provider of unified communications to businesses.

The Group provides unified communications across a product portfolio including data, mobile, systems, maintenance and voice, offering an end to end solution for all business communications needs.

For more information on the Group please visit http://www.daisygroupplc.com/

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