ViaWest to acquire INetU for $162.5 million

Viawest Datacenter
ViaWest, a hybrid IT solutions provider in North America, announced its deal to acquire INetU, a solutions provider for public, private and hybrid cloud environments, from BV Investment Partners and other shareholders for $162.5 million.

Nancy Phillips, president and CEO of ViaWest, said: “It will allow us to add new services and capabilities to our cloud and managed offerings, and expand our geographic footprint with East Coast and European cloud locations to offer our customers more choice for deployment of their applications.”

Both ViaWest and INetU have expertise in data management, including database, disaster recovery (DR), and compliance-as-a-service offerings.

Customers of INetU’s security and compliance services will benefit from ViaWest’s recently acquired AppliedTrust business unit, which offers security, compliance, DevOps and infrastructure consulting services to enterprise and government clients.

Dev Chanchani is the CEO and founder of INetU.

INetU has customers in medium-sized businesses to the Fortune 100. Both ViaWest and INetU work with industry verticals such as healthcare, financial services and education.

ViaWest has 29 data centers in North America. INetU has data centers in Pennsylvania, Virginia, Washington, the United Kingdom and the Netherlands. The combination will complement the ViaWest footprint and position the company for further expansion.

Baburajan K
[email protected]