The Channel logo

News

By | Paul Kunert 4th July 2011 11:44

Logicalis coughs $34m for Netarx

Integrator acquires managed services goodness

Logicalis has paid $34m for US IT services biz and fellow Cisco Gold partner Netarx.

The Detroit-based firm, founded in 1997, employs 220 staff and has annual revenues of roughly $60m built on the back of managed services, data centre and collaborative IT solutions.

"This acquisition builds on the already strong position held by Logicalis in the mid-west region, and will give [the business] a dominant position within the Michigan solution market," said Jens Montanana, chief exec at Datatec – owner of Logicalis.

"Both Logicalis and Netarx are Cisco Gold Parters so this acquisition also helps to strengthen this strategically important relationship," he added.

Acquisitive Logicalis has already snapped up Tandberg platinum reseller Direct Visual – which flogs video conferencing kit and video managed services – in January. Several months later it bought IBM Cognos player Inca Software. ®

alert Send corrections

Opinion

Andrew Cobley

If only lawyers could make money rather than costing money
Memristor_wafer

Chris Mellor

Execution warrant close to being signed for Fink's folly
Woman cuddles 'sly-looking' Fennec fox. Photo by Shutterstock
Cartoon of employee asking wky boss makes hium wear suspenders (while pincer through open trapdoor remains poised above his head) illustration by Cartoon resource for Shutterstock

Frank Jennings

It's not like my boss painstakingly nurtured the contacts, right?

Features

Wind turbine, image via Shutterstock
Girl and computer, photo via Shutterstock
Middle-class terror of engineering also part of problem
Nerd fail photo via Shutterstock