Tiger Infrastructure-backed 11:11 Systems to acquire the North American recovery services business of Sungard Availability Services.

Tiger Infrastructure-backed 11:11 Systems, a provider of network and internet services, agreed to acquire the North American recovery services business of Sungard Availability Services, a provider of connected cloud infrastructure and workplace recovery services. Financial terms were not disclosed. “With these strategic acquisitions, 11:11 Systems is the best option on the market for helping customers of any size – no matter how simple or complex their needs are – prepare for and defend against cyber-attacks and other business interruptions. We are bringing together the market’s best players in cyber resiliency, harnessing their experience and strength and will add to it an innovation platform that will not only convey our combined customer ecosystem safely into the future, but also will optimize their environments for efficiency, cost and availability," Brett Diamond, 11:11 Systems CEO.