Rolta-AdvizeX
Money Involved: $32 million
Why It Matters: Is it a new era in systems integrator and IT VAR mergers and acquisitions? If there are more like this one, then yes. India-based IT services giant Rolta, one of the top Oracle partners in the world, paid $32 million to acquire AT Solutions Group, the parent company of well-known infrastructure solution provider -- and SP500 regular -- AdvizeX Technologies LLC. The deal creates a $500 million international company with 4,000 employees and is, as AdvizeX President Fred Traversi told CRN, "a major effort behind combining a leading system integrator and VAR to attack this software-defined data center opportunity."
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