Announced
Synopsis
Tiger Infrastructure Partners-backed 11:11 Systems, a managed infrastructure solutions provider, agreed to acquire iland, a global cloud service provider of secure and compliant hosting for infrastructure. Financial terms were not disclosed. “The acquisition of iland is a major step in unifying all aspects of connectivity, cloud, and security to fast-track our company growth across all three solution pillars. Iland is core to our strategy to become the leading managed infrastructure solutions provider, driving growth by providing a single source for customers,” Brett Diamond, 11:11 Systems CEO.
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