Millennium Data Systems announced it has acquired the assets of Toronto based managed hosting provider Hostingplex (www.hostingplex.com).
Hostingplex is the third acquisition of Millennium this year.
”We believe that Hostingplex is a great fit for the organization and look forward to serving their 5,000 small medium business customers”, Matthew Saunders, COO of Millennium Data Systems stated.
“Its been a very busy summer for us with acquisitions”, noted Tony Di Benedetto CEO of Millennium Data Systems. “In total we have added 12,000 business customers to our Network, expanded our data center capabilities and introduced many new managed services and offerings to our customers”, added Di Benedetto. “Our focus remains to fortify and build upon our managed services platform aggressively by acquiring accretive and highly synergistic managed service providers”.
Management expects Hostingplex assets to be fully integrated by September 2008, with no disruptions to Hostingplex’s 5000 clients.
We reported on the botched transfer of clients after the acquisition of Hostvector by Millennium Data Systems, that resulted in days of downtime.
Since 2000, HostingPlex has been providing mission critical web hosting solutions to businesses, both in the public and private sectors of today's marketplace. HostingPlex is a service of Inverdigm, which is a privately-owned, IT-related services company located in the City of Toronto.