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Telecom Provider InterCloud Systems Acquires Unified Communication, Data Center, and Network and Security Solutions Provider Integration Partners-NY


January 03, 2014
by Staff Writer




Telecom provider InterCloud Systems has acquired unified communication, data center, and network and security solutions provider Integration Partners-NY (IPC-NY). The announcement follows the company's statement of intention to purchase made December 13, 2013. No financial details were reported as far as the deal is concerned.

Both companies cater to a similar customer base which includes service providers and businesses. InterCloud is involved in a number of cloud-related areas including Infrastructure-as-a-Service (IaaS), Platform-as-a-Service (PaaS), Database-as-a-Service (DbaaS) and Software-as-a-Service (SaaS). The Red Bank, New Jersey-based IPC-NY has seen significant growth over the last five years and generated $25 million of revenue in 2013. The company offers cloud platforms and cloud platform-related services and its purchase will strengthen InterCloud's cloud and managed services portfolio and increase its cloud platform footprint.

"There are significant growth opportunities in cloud-based solutions that will allow both our enterprise and service provider customers to integrate their applications and services into our cloud platform," explained InterCloud's CEO, Mark Munro. "InterCloud and IPC-NY create a dynamic organization that leverages our capabilities to deliver and support the many facets of cloud applications and managed services. We are looking forward to an exciting year in 2014 and beyond."

Do you know of any other companies involved in acquisitions? Let us know the details. Add your comments below.







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