Atturra Limited Expands with Acquisition of Blue Connections

Atturra Limited ( (AU:ATA) ) just unveiled an update.

Atturra Limited has completed the acquisition of Blue Connections Pty Ltd through its subsidiary Cirrus Networks Holdings Pty Ltd. This strategic acquisition enhances Atturra’s managed services capabilities, broadens its client base, and expands its portfolio of offerings. Blue Connections, a provider of IT solutions and managed services since 1997, brings a robust client roster with minimal overlap with Atturra’s existing clients, offering new revenue streams and market reach. The acquisition aligns with Atturra’s strategic focus on scaling its managed services and establishing a key operational hub in Victoria, supporting national expansion.

The most recent analyst rating on (AU:ATA) stock is a Buy with a A$0.95 price target. To see the full list of analyst forecasts on Atturra Limited stock, see the AU:ATA Stock Forecast page.

More about Atturra Limited

Atturra Limited is an ASX-listed technology business that provides a range of enterprise advisory, consulting, IT services, and solutions. It focuses on sectors such as local government, utilities, education, defense, federal government, financial services, and manufacturing industries. Atturra partners with leading global providers like Boomi, Cisco, HP, HPE, Infor, Microsoft, and others, serving some of the largest public and private sector organizations in Australia.

Average Trading Volume: 162,665

Technical Sentiment Signal: Sell

Current Market Cap: A$298.9M

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