IBM Reaches Agreement to Acquire Net Integration Technologies Inc.

IBM Reaches Agreement to Acquire Net Integration Technologies Inc.

IBM (NYSE: IBM) today announced it has reached an agreement to acquire Net Integration Technologies Inc., a Toronto, Canada-based, privately held company that offers a complete business server software solution for small businesses. Financial details were not disclosed.

Net Integration Technologies provides server software for small to medium businesses that is simple and easy to maintain. The Net Integration server software solution includes email, file management, directory services, back-up and recovery, office productivity tools and other business software. The server software is designed for businesses with limited or no in-house technical resources.

“Small businesses need superior collaboration technology as much as large companies do,” said Michael D. Rhodin, general manager, IBM Lotus Software. “The difference is that it must be an affordable turnkey package that doesn’t require a large investment in on-site IT expertise and resources. Net Integration Technologies meets that need for our SMB customers and represents a terrific business opportunity for IBM’s business partners.”

Net Integration’s business software helps small companies get up and running quickly — often with their first business server — enabling owners to focus on growing their businesses rather than wasting time and money trying to run their office systems.

Read the complete Press Release