Avathon to acquire OculusIT from ElevenX.

Avathon, a private equity firm, agreed to acquire OculusIT, an IT services company from ElevenX, an investment firm. Financial terms were not disclosed. "We are excited to welcome OculusIT into the Avathon portfolio. The Company's ability to deliver high-ROI, essential technology services makes it an important partner to institutions facing a multitude of complex challenges," Shoshana Vernick, Avathon Managing Partner.