11: 11 Systems to Acquire Secure Hosting Provider iland.
MANews-(C)2009-2021
US-based managed infrastructure solutions provider 11: 11 Systems has signed a definitive agreement to acquire iland, a global cloud service provider of secure and compliant hosting for infrastructure, disaster recovery (DRaaS), and backup as a service, the company said.
11: 11 said iland complements its recent closing of its Green Cloud Defense acquisition. The combination of the three organizations will enable 11: 11 to deliver a greater range of connectivity, cloud, and security solution sets across Channel, SMB, and Enterprise.
It will provide 11: 11 with a go-to-market engine and expand 11: 11's reach by adding a new global data footprint.
The terms of the transaction were not disclosed.
The acquisition is expected to close later this month, subject to the completion of certain closing conditions.
11: 11 is backed by Tiger Infrastructure Partners, a...
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