TPG targets 'cloud' play at Pipe customers

TPG Telecom has unveiled plans to offer on-demand software and infrastructure services with a $12.8 million off-market takeover bid for IntraPower.

The telco was expected to lodge formal bid documents within a fortnight.

The move would extend TPG’s reach into the corporate and enterprise markets it largely inherited after buying Pipe Networks for $373 million last year.

IntraPower offered hosted infrastructure, software and desktop services.

A TPG spokesman told iTnews that, should its bid be accepted, it would expect to offer those services to its existing customer base “within a short time”.

“We are very keen to target these offerings at the corporate and enterprise markets so as to continue to build on Pipe Network’s sales traction in those markets,” the spokesman said.

The telco also flagged a “strategic investment in the skills of IntraPower employees to develop new and focused products” that would be targeted at TPG’s customer base.

It was unclear what the proposed buy would mean for the hosting of IntraPower’s services.

Several months ago, IntraPower signed on as an anchor tenant of Equinix’s Sydney3 data centre, supplementing a presence in the nearby Sydney1 and Sydney2 facilities.

The TPG spokesman said there would be areas of “overlap” between the two businesses.

“[We] will be focused on extracting those synergies in the months following takeover,” the spokesman said.

“At this stage, we have not made decisions on how the integration will proceed.”