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Announced

Completed

Otava completed the acquisition of NewCloud Networks.

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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