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Information Technology Services M&A image Information Technology Services M&A » By The Online Investor Staff, updated Thu., Mar. 28, 6:42 PM Recent mergers and acquisitions in the Information Technology Services M&A category.

Slide #17. InterCloud Systems, Inc. VaultLogix

Acquirer: InterCloud Systems, Inc. (ICLD)
Acquiree: VaultLogix
Details: InterCloud Systems, Inc. (Nasdaq:ICLD) ("InterCloud" or the "Company") announced today that it has entered into a Definitive Agreement (the "Agreement") to acquire cloud solutions company, VaultLogix, LLC. VaultLogix has over $12 million in annual recurring revenue with EBITDA at approximately $4.5 Million.

InterCloud Systems is a provider of cloud networking orchestration and automation, for software-defined networking and network function virtualization cloud environments to the telecommunications service provider and corporate enterprise markets through cloud platforms and services. Co. provides the following categories of offerings: Cloud and Managed Services, which provides integrated cloud-based solutions; Applications and Infrastructure, which includes unified communications, interactive voice response and SIP-based call centers; and Services, which include project management, network implementation, network installation, network upgrades, rebuilds, maintenance and consulting services.

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Company Name: 
InterCloud Systems Inc
Website: 
www.intercloudsys.com
Sector: 
Information Technology Services
 

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Strong Buy (4.00 out of 4)
100th percentile
(ranked higher than approx. 100% of all stocks covered)
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