Announced
Completed
Financials
Sources
Tags
Single Bidder
IT Services: Other
cloud computing
Friendly
Acquisition
Private
Completed
United States
Cross Border
Majority
Synopsis
Otava, a provider of custom and compliant hybrid cloud solutions, completed the acquisition of NewCloud Networks, a cloud services provider. Financial terms were not disclosed. "This is more than just a transaction for NewCloud. We trust Otava as a leader that is taking the right steps toward the future to provide businesses with the breadth of solutions and level of support that is unmatched in the industry," Sam V. Kumar, NewCloud President and CEO.
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