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Could Daisy swoop on rival Chess Telecom?

about 1 month ago by Lucy Cinder

Could Daisy swoop on rival Chess Telecom?

unified communication news

An unsubstantiated report in The Telegraph has postulated the idea that Chess Telecom CEO and founder David Pollock, with his finger in the air, is testing the wind direction ahead of deciding whether to put the business he established over 20 years ago up for auction.

It is accepted as fact that Rothschild was appointed earlier this year to manage a competitive auction process for Chess.

The report also posited a potential value of £150m. The story was qualified with a caveat, noting that a formal bid 'is not guaranteed', which means the report is not truly substantive, but stokes interest nonetheless. 

Chess's security expertise, following its acquisition of Foursys in 2017, could prove attractive for Daisy.

Source: comms-dealer

Industry: Unified communication news

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