Evolve IP, a provider growing cloud hosting headquartered in Wayne, Pennsylvania, acquired Paragrid, an Inc. 5000 company cloud services based in Cleveland, Ohio. The strategic acquisition is part of US plans to expand Evolve IP and complete its current presence in the Midwest market.
"M & A remains a key component of our national expansion strategy, and with this acquisition, gains Evolve IP new enterprise customers, service centers and global consulting class data to support our Midwest market, "said Fardone Guy, Chief Operating Officer and General Manager of Evolve IP ." We continue to look for other companies that are interested in growing with Evolve IP. "the details of the transaction are not disclosed.
unified option for cloud services
Founded in 08, Paragrid is a cloud provider based in Cleveland with a set of products that would be current portfolio compliment Evolve IP cloud hosting services . Paragrid services, including virtual servers, managed services and consulting, disaster recovery and jobs virtual work, are deployed with a national clientele consists of business, health, higher education and government organizations.
Evolve IP is a fast growing cloud hosting company providing a unified option for organizations with its cloud services Evolve IP OneCloudTM solution . Today, tens of thousands of users in the US and around the world depend daily on Evolve IP for virtual servers, virtual desktops, unified communications, disaster recovery, contact centers, and more again.
"Our customers will immediately have access to new cloud services while continuing to receive the same exceptional support Paragrid has always provided," said Ryan Berg, president of Paragrid . "With the additional resources of Evolve IP behind us, our team anticipates significant growth in the Midwest market."
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