Announced
Financials
Sources
Tags
IT Services: Other
Friendly
United States
Private
Single Bidder
Acquisition
it services
Majority
Domestic
Pending
Synopsis
Sollensys, a provider of data security management experience, agreed to acquire Celerit, a company that provides network services. Financial terms were not disclosed. "The proposed Celerit acquisition fits into Sollensys' strategy to end cybercrimes by making it impossible for cybercriminals to hold hostage or corrupt a single usable piece of data in the banking industry. At closing, Sollensys will acquire the Celerit team, as well as industry expertise, IP, and assets. We believe this will provide banking institutions with critical protection, so that their customers can confidentially and safely expand into the future," Don Beavers Sollensys CEO.
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