FX Innovation to join Bell group of companies to strengthen Bell's cloud managed and professional services practice

This agreement leverages the strengths of the two companies to help businesses realize their digital transformation ambitions with integrated multi-cloud solutions. FX Innovation's expertise in cloud managed and professional services, combined with Bell's national scale, resources and world-class fibre and 5G networks, will deliver end-to-end solutions to help enterprises innovate and grow their business. Together, this agreement will enable both Bell and FX Innovation to scale their businesses, driving services growth while delivering even greater value for their clients.[1]

Figure 1. Bell acquires FX Innovation to increase its offering of cloud-managed services

Bell Acquires FX Innovation

Bell acquires FX Innovation to increase its offering of cloud-managed services is shown in figure 1. For the purpose of enhancing Bell's cloud managed and professional services practise, FX Innovation will join the Bell group of companies.

FX Innovation is a leader in providing businesses with end-to-end multi-cloud services, IT workflow automation solutions and cloud consulting services. It has deep expertise with ServiceNow, integrating the application within business environments in Canada and internationally.

In addition, FX Innovation offers bilingual services for customers to manage their public and hybrid cloud environments with the world's most capable cloud providers, including Amazon Web Services (AWS), Google Cloud and Microsoft Azure. Like Bell, FX Innovation is headquartered in Montréal, Québec, and is a strong supporter of technical skills development in Canada. [2]

Bell, founded in 1880, is headquartered in Montréal, Quebec, Canada. The company has 36,666 employees listed on LinkedIn. Bell’s areas of expertise include advanced broadband wireless, TV, internet, media and business communication services.

TFX Innovation, founded in 2002, is based in Montréal, Quebec, Canada. The company has 326 employees listed on LinkedIn. FX Innovation’s areas of expertise include consulting services, cloud services, IT monitoring, NOC, ServiceNow, Microsoft Azure, Google, and AWS. [3]

The acquisition of FX Innovation by Bell aims to enhance Bell's portfolio of cloud-managed services in the cloud computing industry. By integrating the capabilities and expertise of FX Innovation, Bell intends to expand its offerings and provide a broader range of services to its customers in the cloud space.

This acquisition enables Bell to strengthen its position as a provider of comprehensive cloud solutions and enhances its ability to meet the growing demands of businesses for cloud-managed services. The specific details and benefits of this acquisition may vary and it's advisable to refer to official announcements or statements from Bell for the most accurate and up-to-date information.

References:

1. https://www.bce.ca/news-and-media/releases/show/bell-to-acquire-cloud-services-leader-fx-innovation-to-accelerate-the-digital-transformation-of-canadian-businesses
2. https://www.newswire.ca/news-releases/bell-to-acquire-cloud-services-leader-fx-innovation
3. https://www.channele2e.com/investors/mergers-acquisitions/bell-acquires-fx-innovation-to-expand-cloud-managed-services/

Cite this article:

Gokula Nandhini K (2023), Bell acquires FX Innovation to increase its offering of cloud-managed services, Anatechmaz, pp.84