IT Services Provider NexusTek Acquires Business Units from Cloud Host Zumasys
July 12, 2018
IT services provider NexusTek has acquired key business units from cloud host Zumasys. NexusTek, which has headquarters in Greenwood Village, Colorado, United States, was established in 1996. The company also has a presence in Denver, Colorado, and Phoenix, Arizona, United States. It specializes in managed IT and consulting services alongside ERP and CRM software solutions, business IT security solutions, and cloud services. A Microsoft Partner Network member, NexusTek has Gold and Silver competencies focused on a number of Microsoft solutions. The acquisition of Zumasys represents NexusTek’s “fifth M&A transaction in four years”.
Zumasys, which has headquarters in Irvine, California, United States, was established in 2000. Using its IT infrastructure, software solutions, and cloud platform, the company offers a range of services that enable companies to “achieve performance and reliability for their business-critical applications”. The company caters to “tens-of-thousands of users that rely on its cloud services. NexusTek acquired Zumasys’ cloud hosting, infrastructure and managed services business units, but financial aspects were not released.
“Businesses need to embrace the almost unlimited potential for technology to serve as a strategic asset and not a cost center,” explained NexusTek, CEO, Mike Jenner. “Zumasys’ success reflects their shared belief in this philosophy and unique understanding of what it takes to help customers align corporate goals with technology. We are confident this transaction is a significant step forward in our mission to be the nation’s most complete service provider.”
Do you know of any other companies involved in acquisitions? Let us know the details. Add your comments below.