Tagged With "ITsavvy"
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ITsavvy Acquires IT Services Powerhouse CT Networks
ITsavvy just acquired CT Networks as part of its growth by acquisition strategy. The move enhances ITsavvy’s trademarked savvyGuard and savvyCloud managed IT service offerings and adds new services and new product lines. CT Networks made its mark by delivering the full potential of converged IT, voice, data, hosted and managed services with customized solutions. Their supplier network, including partners such as Cisco, Microsoft, VMware, Mitel, Citrix, Netapp and Evault, has allowed access...
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Xerox Acquires ITsavvy to Grow IT Services Presence
NORWALK, Conn.--(BUSINESS WIRE)--Oct. 17, 2024-- Xerox Holdings Corporation (NASDAQ: XRX) today announced it has agreed to acquire ITsavvy , an Oak Brook, Illinois-based provider of integrated IT products and associated services, for $400 million consisting of a $180 million cash payment and secured promissory notes totaling $220 million, subject to certain customary pre- and post-closing adjustments and escrow arrangements. The transaction is expected to close during the fourth quarter of...