TMCnet News
DBR360 acquires Hailer IT SolutionsMar 15, 2012 (Datamonitor Financial Deals Tracker via COMTEX) -- DBR360, Inc., a provider of network as a service (NaaS) for enterprises and carriers, has acquired Hailer IT Solutions, a computer network design and consulting technology firm. Both the companies are based in the US. Upon completion, DBR360 has merged the majority of Hailer IT Solutions' assets into its operations and the combined entity will operate under the DBR360 brand. Deal Type Acquisition Sub-Category Majority Acquisition Deal Status Completed: 2012-03-13 Deal Participants Target (Company) Hailer IT Solutions Acquirer (Company) DBR360, Inc. Deal Rationale The acquisition will allow DBR360's expansion into new markets, including financial services. The acquisition combines the complementary strengths of out-of-the-box network design with advanced delivery and management capabilities. |
