Driving Growth Through Innovation and Scale with Iceblue's GRID Platform
Boston, MA and London, UK — November 19, 2024
Resolute CS, a pioneering technology company driving innovation in the connectivity market, announced its acquisition of Iceblue Global, a global leader in managed internet services.
Iceblue Global: A Proven Leader in Global Connectivity
Founded in 2014 by a telecom team, Iceblue Global established itself in global internet procurement and management with:
- Operations in 210 countries with over 1,100 network providers
- A profitable base of 30 customers managing over 900 circuits globally
- The GRID: A proprietary, fully automated end-to-end lifecycle platform
Shared Vision: Simplify Connectivity Procurement
The acquisition reflects both companies' mission to streamline global connectivity procurement. The GRID platform addresses fragmented visibility issues affecting customer experience.
Steve Corfe (former CEO, now Managing Director) stated: "Together, we'll build on the GRID's proven success and bring advanced, high-speed internet services to even more customers globally."
Commitment to Growth and Innovation
Iceblue Global operates as a wholly owned subsidiary under its brand. Leadership including Mark Hendrick, Steve Corfe, and Steve Taylor remain in management roles.
Patrick Shutt (Co-Founder and CEO of Resolute CS) emphasized: "This acquisition is about leveraging Iceblue's technology and expertise to deliver more efficient and automated connectivity solutions."
A Bright Future for Global Connectivity
Digital transformation and cloud migration drive demand for connectivity solutions. Steve Taylor (CTO) noted: "Our GRID platform delivers agility and accuracy, making it easier for customers to win more business."
Transaction terms were undisclosed. Legal counsel included Thrings LLP, Locke Lord LLP, Taft Stettinius & Hollister LLP, and DAC Beachcroft LLP.