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Haystax Technology acquires cybersecurity firm NetCentrics
Tuesday 05 August 2014

5 August 2014 – US analytics and cloud computing company Haystax Technology Inc said it had bought cybersecurity and network management provider NetCentrics Corporation without specifying deal terms.

NetCentrics will operate as a wholly owned unit of Haystax and will retain its brand, staff and customer portfolio. Following the acquisition, the two companies will have offices in Northern Virginia, Northern California, North Carolina and Arizona, Haystax said.

The combined entity, which will have revenues in excess of USD100m (EUR74.5m), will be able to better capitalise on opportunities in the fast-growing technology sector, particularly in areas such as analytics, cybersecurity, IT infrastructure modernisation, cloud computing and secure mobility solutions.

Haystax will be able to focus on providing cutting-edge technology to its customers by offering differentiated solutions as it makes use of the expertise, scale, infrastructure and complementary capabilities of NetCentrics, Haystax chief executive William B. Van Vleet III commented.
Details
Date Published: 05/08/2014
Target: NetCentrics Corporation
Country: USA
Sector: Computer software
Type: Corporate acquisition
Status: Closed
Buyer: Haystax Technology Inc

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