Tagged With "Acquires"
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Print Audit Acquires NeoStream Technologies
Print Audit®, the company that is helping to save the office equipment industry, announced today that it has acquired NeoStream Technologies. The acquisition will allow Print Audit and its Premier Members to fully manage a customer’s document workflow for printed and digital content as well as provide full intranet and communications capabilities. NeoStream capabilities will be rolled out initially in North America with International rollout at a later date. "When we announced that we were...
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Marco acquires portion of Bemidji company
St. Cloud-based Marco has further expanded its territory in Minnesota with the acquisition of a portion of a Bemidji-based company. North Country Business Products's copier and wide format printer business has become part of the St. Cloud-based technology company effective Monday. read the rest here
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Loffler Companies Acquires A+ Imaging Systems of Onalaska, WI and Rochester, MN
Minneapolis, MN (PRWEB) July 12, 2016 Loffler Companies is pleased to announce they have acquired A+ Imaging Systems of Onalaska, WI and Rochester, MN. A+ Imaging System’s team of tenured professionals will join Loffler Companies and continue to serve clients in Onalaska, WI and Rochester, MN with the same great level of service and support Loffler and A+ Imaging clients have come to expect. “For awhile now we’ve been hearing from businesses in the Rochester and La Crosse area that they need...
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HP Agrees to Acquire Samsung Printer Business for $1.05 Billion
HP Inc. HPQ -3.83 % agreed to buy Samsung Electronics Co. SSNHZ 0.00 % ’s printer business for $1.05 billion, a deal designed to help the Silicon Valley company expand into high-volume devices that handle printing and copying for office work groups. The transaction, which is subject to regulatory approval, is expected to close within 12 months, the companies said Monday. After it is completed, Samsung has agreed to make an equity investment of $100 million to $300 million in HP through...
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Eight Dragons Acquires Park Road Solutions; Gains Position in IT Services Market
MIAMI, FL--(Marketwired - Jun 7, 2017) - Eight Dragons Co. (OTCQB: EDRG ) announces today that it has acquired Park Road Solutions, Inc., a Miami based company that specializes in outsourced Chief Technology Officer, Chief Security Officer, and information technology managed services. The acquisition was achieved through a tax-free exchange of common stock between the companies. We believe that the acquisition will combine Eight Dragons' prospective financial strength with Park Road's...
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iCoreConnect Inc. Acquires TrinIT Solutions
WINDERMERE, FL, Jan. 08, 2020 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE -- iCoreConnect Inc. (OTC:ICCT) announces the acquisition of Computer Plumber LLC, DBA TrinIT Solutions. TrinIT Solutions is a North Carolina-based IT company providing, managing and monitoring technology solutions for corporate and healthcare companies. “The iCoreConnect culture is to engage and listen to our customers to understand the full spectrum of their challenges, then proactively develop solutions to their problems,”...
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CompassMSP Acquires FL-Based Managed IT Services Provider Focused on Legal Industry
CompassMSP , a leading managed service provider (MSP), is proud to announce the acquisition of Western Digitech, a regional leader in the legal IT services market. Since 1994, Western Digitech has provided enterprise-level IT support, practice, and solutions to law firms and other small and medium-sized businesses throughout Florida. This acquisition is part of CompassMSP’s mission to make enterprise-level IT services accessible to small and medium-sized businesses. With this acquisition,...
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EO Johnson Business Technologies Acquires Standard Dynamics, Inc.
Move adds expanded finishing equipment expertise to Production Print Division Wausau, WI – EO Johnson Business Technologies has acquired print finishing equipment and media solutions company Standard Dynamics, based in Burnsville, Minnesota. The move extends EO Johnson's Production Print division to include additional finishing equipment, supplies, service and expertise for the benefit of customers. The acquisition was finalized January 3, 2020. "With the acquisition of Standard Dynamics, we...
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Hargray To Acquire Infinity Network Solutions
HILTON HEAD ISLAND, S.C. , Sept. 9, 2019 /PRNewswire/ -- Hargray Communications announced today an agreement to acquire Infinity Network Solutions, Inc., a leading information technology services company with operations in Macon and Covington, Georgia . The transaction expands Hargray's Data Center and Managed Services (DCMS) business and will enhance its already robust suite of communications and IT services for businesses in the Southeast. "On behalf of our more than 650 colleagues, we are...
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CynergisTek acquires Backbone Enterprises to enhance its managed service offerings
CynergisTek , a leader in cybersecurity, privacy, and compliance, announced that it has acquired Backbone Enterprises , an industry leader in IT risk advisory services. The acquisition expands CynergisTek’s cybersecurity, privacy, and IT risk advisory services and is consistent with CynergisTek’s strategic plan to grow managed services through targeted, accretive acquisitions. “Backbone Consultants’ suite of services will immediately complement our entire portfolio as well as provide...
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Telaid Set to Acquire Technology Deployment Company (TDC) at Year's End
NIANTIC, Conn. (PRWEB) November 26, 2019 Telaid, a leading technology integrator specializing in enterprise deployments and technology lifecycle solutions, announced today that it has a definitive agreement to acquire Technology Deployment Company (TDC) at year’s end. Based in Oklahoma, TDC is a technology integrator serving clients in quick serve restaurant (QSR), retail and education. The combined entity will encompass an even more diverse talent pool with extensive technical expertise as...
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Workflo Solutions acquires document and record management storage specialist
WORKFLO Solutions, the fast-growing Livingston-headquartered outsourced document management and IT Support Services specialist, has announced it has completed the acquisition of Paisley-based TRM (Document and Records Management Specialists). The acquisition is expected to add £300k to Workflo’s turnover this year. TRM, a family-owned business with its roots dating back to 1972 by the grandfather of current Managing Director Steven McPherson, offers a range of document management services...
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Valencia's URM Technologies Acquires Digital Image Systems
URM Technologies Inc., a Valencia document management systems company, has acquired Digital Image Systems in Commerce, which sells and repairs copiers and other document imaging equipment. Financial terms of the transaction were not disclosed. Digital Image Systems will now operate under the name URM Technologies. It will join the buyer in managing document software, print services and offsite document storage for clients. URM Chief Operating Officer William Sampson said the company is proud...
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Arkphire Acquires Trilogy Technologies Group in First Major Consolidation of Scale for Irish IT Services Sector
DUBLIN--( BUSINESS WIRE )--IT procurement and services company, Arkphire, today announced the acquisition of Trilogy Technologies, one of Ireland’s leading independent ICT Managed Services providers. The deal marks the first major move of significant scale towards industry consolidation in the Irish ICT Managed Services sector as businesses seek outsourced support to meet ever more complex and demanding IT infrastructure and business transformation challenges. Following this acquisition, the...
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Transom Capital Acquires Scantron Corporation
LOS ANGELES, Dec. 04, 2019 (GLOBE NEWSWIRE) -- Transom Capital Group (“Transom”), an operations-focused middle market private equity firm, today announced it has acquired Scantron Corporation (“Scantron” or the “Company”), a global, technology and services driven company whose experts provide comprehensive assessment and technology solutions. Scantron is a widely recognized brand world-wide with a rich history in delivering quality, accuracy, reliability, and value to customers. Scantron’s...
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FirstLight Acquires ColoSpace
ALBANY, N.Y. -- FirstLight, a leading provider of fiber-optic data, Internet, data center, cloud computing, unified communications, advanced technologies and construction services to enterprise and carrier customers throughout the Northeast, announced today that it has acquired ColoSpace. Headquartered in Massachusetts, ColoSpace is a regional provider of colocation, managed IT services, cloud solutions, and disaster recovery services in New England. Financial terms of the transaction were...
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Flo-Tech being Acquired?
You hear one rumor and you kinda shrug it off, you hear two and it's gets you to thinking. This AM a P4P'er emailed me asking if I heard anything about Flo-Tech being acquired. Has anyone else heard anything?
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Windstream acquires MassComm, enhances engineering, network design
Windstream has dipped into its pocket book during the holiday season, quietly announcing a deal to acquire New York-based CLEC MassComm. MassComm provides telecommunications and connectivity management, consultation and development solutions for voice, data, and networking technologies to midsized global enterprise customers. The New York-based CLEC is authorized to provide competitive local exchange service and/or interexchange service in California, Connecticut, the District of Columbia,...
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WHOA.com Acquires Midwest-Based Managed Services Provider Platinum Systems Inc.
HOLLYWOOD, Fla. , April 25, 2018 /PRNewswire/ -- Whoa Networks Inc. ("WHOA"), a leading provider of secure cloud and enterprise technology solutions including cybersecurity and compliance, today announced that it has acquired Platinum Systems Inc., a Managed Services Provider (MSP) headquartered in Kenosha, Wisconsin . The strategic acquisition is part of WHOA's continued expansion plans and follows previous acquisitions of companies across the United States . Platinum Systems is a Managed...
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Magna5 Acquires NetServe365
PITTSBURGH and DALLAS, Nov. 16, 2017 (GLOBE NEWSWIRE) -- Magna5 , a portfolio company of NewSpring Holdings’ voice and data managed services platform, today announced its acquisition of NetServe365 , an award-winning managed services provider. Headquartered in Pittsburgh, NetServe365 specializes in network and server monitoring management, cloud hosting and IT consulting. The company’s fully managed IT security offerings combine certified expertise and advanced technology to supply powerful...
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With Foxconn’s Help, Sharp is Poised to Re-enter Abandoned Tech Markets
A deal between Sharp and Toshiba will see the former purchase the latter’s PC business in a stock exchange valued at roughly $36 million . The low value of the deal may speak volumes about the current state of the personal computing market, but there’s a separate narrative that really needs to be talked about as well. And that’s the one about how Sharp is once again on stable ground nearly two years after being acquired by Apple supplier Foxconn. For Foxconn, the decision to snatch up the...
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How MSPs can avoid alienating customers of businesses they acquire
The managed services provider (MSP) industry is booming. In fact, this community is expected to account for a significant 11 per cent of the $2.8tn ICT market worldwide by 2023 . The explosion has been driven by an increase in spend on outsourcing IT, but some MSPs are still facing major challenges. Technology is becoming more complex, ecosystems are evolving, and security threats pose a very real risk. MSPs need to be in a position where they are able to assume the role of trusted advisor...
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Coreio Inc. Acquires intelliNet Technologies Inc. to Enhance Managed Services Offering
TORONTO , August 23, 2019 /PRNewswire-PRWeb/ -- Coreio Inc., a leading IT services provider for enterprise-scale companies, has acquired intelliNet Technologies, Inc., a Richmond, B.C. based provider of North American field services and Managed Services to corporate clients across Canada and the US. Founded in 2001, intelliNet Technologies has earned a stellar reputation for quality of service and customer satisfaction and has been an active Coreio vendor partner since late 2016. "The...
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ePlus Acquires ABS Technology, Expanding Reach in Mid-Atlantic Region
HERNDON, VA – August 26, 2019 – ePlus inc. (NASDAQ NGS: PLUS – news ) today announced it has acquired certain assets and liabilities of Innovative Technology Systems & Solutions, Inc. (dba “ABS Technology”). The acquisition further establishes ePlus as a leading provider of consultative technology solutions in the region and gives it a stronger foothold in commercial accounts, as well as in Healthcare, Education and Government vertical industries. ABS, a Virginia Beach-headquartered...
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MSP & MSSP Industry Notes for August 25th, 2019
August 25 th 2019 MSP & MSSP Industry Notes Coreio Inc. Acquires intelliNet Technologies Inc. to Enhance Managed Services Offering Coreio Inc., based in Toronto, Canada delivers IT infrastructure and Operations solutions for enterprise companies, 35 years in business intelliNet Technologies, based in Richmond British Columbia, founded in 2001 offers field services and managed services to clients in Canada and United States Coreio Inc., now has more than 200 locations across Canada and...
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Accenture Acquires Fairway Technologies to Bolster Product and Platform Engineering Services
NEW YORK--( BUSINESS WIRE )--Accenture (NYSE: ACN) has acquired U.S.-based Fairway Technologies, a provider of engineering services, to further power the Accenture Product and Platform Engineering Services practice, helping clients manage and innovate software-based platforms. Terms of the transaction were not disclosed. Together, Accenture Product and Platform Engineering Services practice and Fairway Technologies will help organizations maximize platform value by scaling and enhancing...
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Avenu Insights & Analytics Acquires Enterprise Content Management Firm
Avenu Insights & Analytics , a Mill Point Capital portfolio company, has acquired the operations and assets of The Windward Group and GRIDS Information Technologies. With the Windward and GRIDS software, document digitization, and storage capabilities, Avenu reinforces its commitment to supporting government customers with records management solutions. Over several decades, Louisiana-based Windward has built a business based on helping judicial systems and other organizations obtain,...
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Centric Business Systems Acquires Carefree Office Technology, Inc.
OWINGS MILLS, Md.--( BUSINESS WIRE )--Centric Business Systems, a leader provider of document management technology in the Mid-Atlantic region, announces the acquisition of Carefree Office Technology, Inc., a successful office technology dealer located in Northern Virginia. “This acquisition allows Centric to gain greater density in our regional footprint and provide our world class service to the Carefree customers in Northern Virginia,” said Centric president, Rick Bastinelli. “I am...
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Re: Flo-Tech being Acquired?
It was announced yesterday they were purchased by Oval Partners and FlexPrint.
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Re: Flo-Tech being Acquired?
Interesting, who is Oval partners? Also just goes to show us that "print" is not dead with acquisitions like this still happening
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Re: Flo-Tech being Acquired?
Oval is a private equity group who purchased flexprint a year or so ago and has acquired several dealers in the last year. Yeah, shows you how “dead” print is! We are getting calls daily from people wanting to acquire us and most are private equity firms.
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Zscaler Acquires Edgewise Networks
Zscaler, Inc., the leader in cloud security, announced it has acquired Edgewise Networks, a pioneer in securing application-to-application communications for public clouds and data centers . Edgewise Networks significantly improves the security of east-west communication by verifying the identity of application software, services and processes to achieve a zero trust environment which measurably reduces the attack surface and lowers the risk of application compromise and data breaches. In...
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Automated Business Solutions Acquires Expert Laser Services
WARWICK, RI — Office equipment, IT and support firm Automated Business Solutions , has acquired print management company Expert Laser Services , based in Southbridge, MA. Automated Business Solutions leadership is excited about the acquisition, since both companies specialize in business technology solutions. Automated Business Solutions is currently a leading force in the Office Equipment Industry, while Expert Laser Services, Inc’s expertise lies in Office Equipment Print Management. The...
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MSP & MSSP Industry Notes for August, 2020
MSP & MSSP Industry Notes Sponsored by Arcoa Group ARCOA Group is here to help you successfully manage your IT Asset Disposition process. We help you recover value from retired electronic equipment through responsible methods of reuse and recycling. We ensure proper handling of assets which may contain data, while being environment stewards for assets that have no reuse value and are headed for recycling. We’ve built a robust de-manufacturing process to offer additional options for asset...
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Fastly Announces Agreement to Acquire Signal Sciences
SAN FRANCISCO--( BUSINESS WIRE )--Fastly, Inc. (NYSE: FSLY), provider of an edge cloud platform, today announced that it has entered into a definitive agreement to acquire Signal Sciences (“Signal Sciences”), for approximately $775 million in cash and stock. The acquisition will expand Fastly’s robust security portfolio at a time when security at the edge has never been more critical. Signal Sciences' strong, developer-first web application and API protection solutions will bolster Fastly's...
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Wipro Acquires Cloud Solutions Specialist Encore Theme Technologies
Bangalore, India - October 28, 2020: Wipro Limited (NYSE: WIT, BSE: 507685, NSE: WIPRO), a leading global information technology, consulting and business process services company, today announced that it has signed a definitive agreement to acquire Encore Theme Technologies Private Limited (Encore Theme), a specialist in providing SaaS and Cloud solutions in financial services. Over the past decade, Encore Theme - headquartered in Chennai, India - has focused exclusively on implementing a...
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FluidOne acquires IT managed services provider PSU
UK network aggregator FluidOne has announced the acquisition of PSU Business Technology, provider of IT managed services, connectivity, mobile, telecoms and Mitel UC services to business customers. PSU has revenue of GBP 6 million and more than 450 customers, focusing on solutions sales to the mid-market. It is based in Cheltenham with 38 employees. The acquisition is part of FluidOne's strategy to become the leading connected cloud solutions provider in the UK. ...
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Acquisitions
Acquisitions and mergers update First Citizens Bank, headquartered in Raleigh, North Carolina, announced it has acquired CIT Leasing for $2.2 billion o Total assets of combined entity = $100 billion - Donnellon McCarthy Enterprises (DME), headquartered in Cincinnati, OH, announced it has acquired T&I Office Equipment of Anna, Illinois. o DME is a dealer for Toshiba, Kyocera, Savin and Sharp o T&I is a dealer for Savin - Novatech, headquartered in Nashville, TN, announced it has...
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Lexington IT firm acquires Ohio firm, expands into region
Lexington IT firm acquires Ohio firm, expands into region LEXINGTON, Ky. (WTVQ) – NetGain Technologies, the largest managed IT services provider in the Midwestern and Southeastern U.S., has acquired Arnet Technologies and LK TECH. Acquiring these two organizations deepens and expands NetGain’s presence in the Ohio market. Employees of both Arnet Technologies and LK TECH will join the NetGain team, and clients will continue to receive the outstanding service and support they have come to know...
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MSP, MSSP and IT Notes Industry January 24th, 2021
January 24, 2021 MSP. IT & MSSP Industry Notes Sponsored by Arcoa Group Why partnering with ARCOA makes sense Electronics Recycling is an important and profitable part of the IT asset lifecycle, but it can be overwhelming with all you already do, varying state regulations, and the limited resources at hand. That’s where ARCOA comes in. When you partner with ARCOA, you get all the benefits of a big company without any of the capital investment. We’ve been doing this since 1989 and have...
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Simple Helix Acquires Data Center and Internet Connectivity Business Unit from NRTC Managed ...
Simple Helix Acquires Data Center and Internet Connectivity Business Unit from NRTC Managed Services HUNTSVILLE, Ala. , Feb. 8, 2021 /PRNewswire/ -- Simple Helix LLC announced today the acquisition of NRTC Managed Services' data center, carrier exchange, and connectivity business. Today, Simple Helix operates a highly resilient, multi-tenant data center in Huntsville, AL . This acquisition expands the Simple Helix footprint by adding data center operations in Huntsville , Atlanta , and...
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Proofpoint Enters into Definitive Agreement to Acquire InteliSecure; Augments People-Centric Managed Services Offering
SUNNYVALE, Calif., Feb. 22, 2021 (GLOBE NEWSWIRE) -- Proofpoint, Inc. (NASDAQ: PFPT), a leading cybersecurity and compliance company, has entered into a definitive agreement to acquire InteliSecure, Inc. (“InteliSecure”), an innovator in data loss protection managed services. With this acquisition, Proofpoint looks to strengthen its cloud-based people-centric security platform by enhancing customers’ ability to protect critical data in diverse environments. Under the terms of the agreement,...
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HP Inc. reports on large dealer it acquired
HP Inc. reports on large dealer it acquired Acquired Apogee, one of the largest dealers in Europe, in 2018 for $538 million Reason given at the time was to “aggressively pursue the A3 market” Apogee CEO, Aurelio Maruggi, announced that Apogee was shifting focus stating; “We are an MSP, not a managed print provider” Expects it will lose up to 20% of its print volume due to pandemic in 2021 Deployment of printers and MFPs expected to fall up to 20% in 2021 Managed IT services is currently only...
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Milestone Technologies Acquires Software Management Consultants, Inc. (SMCI), a NextGen IT ...
FREMONT, Calif.--(BUSINESS WIRE)--Jul 13, 2021-- Milestone Technologies, a Silicon Valley based global IT managed services firm, announced today the acquisition of Software Management Consultants, Inc. (SMCI), a NextGen IT Consulting, Talent Management and Digital Solutions Provider based in Glendale, CA, USA. The acquisition extends Milestone’s footprint to the US Southwest and Southeast regions and bolsters their IT Managed Services portfolio. With over 35 years of working with clients and...
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MSP, MSSP and IT Notes Industry July 26th, 2021
IT, MSP & MSSP Industry Notes Sponsored by July 26th, 2021 Arcoa Group Why partnering with ARCOA makes sense Electronics Recycling is an important and profitable part of the IT asset lifecycle, but it can be overwhelming with all you already do, varying state regulations, and the limited resources at hand. That’s where ARCOA comes in. When you partner with ARCOA, you get all the benefits of a big company without any of the capital investment. We’ve been doing this since 1989 and have the...
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Sysnet Global Solutions® Acquires SecureTrust™, a Division of Trustwave®, to Expand ...
DUBLIN & CHICAGO, October 25, 2021 --( BUSINESS WIRE )-- Sysnet Global Solutions , a leading provider of cyber security and compliance solutions, today announced that it has acquired SecureTrust, a division of Trustwave, to further expand its cyber security solutions and accelerate its market expansion. SecureTrust , a leading provider of Payment Card Industry (PCI) compliance, provides innovation and processes for achieving and maintaining compliance and security. SecureTrust has over...
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ECI Software Solutions Acquires INSEARCH
November 15, 2021 FORT WORTH, Texas--( BUSINESS WIRE )--ECI Software Solutions, a leader in cloud-based business management solutions , today announced that it has acquired INSEARCH, a cloud-based construction business management solution. INSEARCH will become part of ECI’s Residential Home Construction Group, joining MarkSystems (ECI’s flagship ERP for residential home builders); Lasso CRM (ECI’s CRM solution built specifically for the homebuilding industry, including lead management,...
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Ingram Micro Acquires Brlink, Strengthening Its Partner Ecosystem with New Managed Services
IRVINE, Calif. & SÃO PAULO--( BUSINESS WIRE )--Ingram Micro announced today that it has completed the acquisition of BRLink, a leading managed services provider (MSP) in Brazil. Adding BRLink's suite of solutions gives Ingram Micro partners access to an even more complete portfolio of cloud services, as well as the opportunity to leverage BRLink's expertise in delivering a complete cloud journey. Together, the two companies expect to continue to invest to enter new cloud markets and...
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Visual Edge Technology, Inc. Acquires Slash Point Sales
NORTH CANTON, Ohio, Dec. 15, 2021 (GLOBE NEWSWIRE) -- Visual Edge Technology is expanding its Managed IT Services footprint in the Midwest with its most recent acquisition of Slash Point Sales and Service of Emmetsburg, Iowa. With nearly 15 years in the managed services industry providing engineering, implementation and management of client technology infrastructures, Slash Point brings a broad base of expertise not only to the Midwest territory but to the national Visual Edge IT brand.