Security News

11:11 Systems to acquire cloud management services business from Sungard Availability Services

11:11 Systems (“11:11”), a managed infrastructure solutions provider announced that it has entered into an Asset Purchase Agreement to acquire Sungard Availability Services (“Sungard AS”) Cloud Managed Services business. The transaction is expected to close this autumn.
Cloud Managed Service
The Cloud Managed Service business is a sophisticated, mature cloud management practice that provides transparency, control, and compliance to blue-chip, enterprise customers utilising hybrid and multi-cloud environments to power their businesses.
As a part of this transaction, 11:11 will gain a team of highly skilled employees specialising in cloud management, customer service, AWS, and Azure professional services, and cybersecurity. 11:11 will also retain part of Sungard AS’ back-office and administrative teams. The transaction will expand 11:11’s footprint to 13 additional cloud points of presence.
Cloud, security, and recovery services
This…