Computing firm owners on cloud nine after buyout
A BELFAST cloud computing firm has been snapped up by a global software company.
DeskStream, which has bases in California and Hyderabad in India, will acquire Northern Ireland start-up WorldDesk Ltd.
The announcement was made at the 2012 Consumer Electronics Show (CES) in Las Vegas.
The financial terms of the deal, which will close in the first quarter of 2012, have not been disclosed but the acquisition will see DeskStream adopt the WorldDesk name and branding with immediate effect.
The deal will see the staff at WorldDesk, including co-founders Jonathan Chesney and Claire Moore, join DeskStream.
WorldDesk, founded in 2010, will continue to be based in Belfast. It currently employs five people at its Botanic Avenue office, including the two founders, but is expected to recruit more following the announcement.
The firm is also in discussion with Invest NI with a view to building a development centre.
The company's co-founders, Jonathan Chesney and Claire Moore, said that they established WorldDesk in an effort to "revolutionise" how organisations, individuals and, in particular, schools use computers.
"We wanted to fundamentally alter the norm of how people think of and use their computer desktop," they said.
"DeskStream shares this vision and has placed a great deal of confidence in our mission. We're delighted with today's announcement and we look forward to taking WorldDesk to the next level."
DeskStream chief executive, Rao Cherukuri, added: "We are delighted with the announcement and the addition of WorldDesk to the DeskStream family.
"The combination of Desk-Stream's thin client technology and the work WorldDesk has done on management and delivery of workspaces from the cloud has the potential to transform the mobile computing market.
"This acquisition speaks to the strength of our business and the sector as a whole. We are already experiencing a sea change in how people view cloud computing and desktop virtualisation. The acquisition of WorldDesk will help us to capitalise on the opportunities that result from this."