15 November 2012

BT bags legal tech giant in £64m deal

British Telecommunications has bought the world's largest independent supplier of legal and accountancy sector technology in a £64.2 million deal.

By Megan Malloy

BT: legal sector technology deal

The company – Tikit – has a client list that includes 90 of the UK’s largest law firms and some 300 US firms, reports The Times newspaper.

The BT move is the company’s biggest effort to enter the legal economy to date. Tikit will be incorporated into a portfolio of six independently managed businesses within BT Enterprises.

ICT strategy

Executives at BT voiced hopes that the acquisition would build on the business’s existing information and communications technology strategy. ‘The offer will enable us to combine Tikit’s expertise, portfolio, relationships and deep understanding of the legal sector with BT Retail’s scale and breadth of products,’ BT Retail chief executive Gavin Patterson commented in a statement. ‘Together, we expect to deliver a truly differentiated offering with the capacity to supply, install and support mission-critical IT applications and ICT infrastructure through a single point of contact.’

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