Millennium Data acquires MSP

Published: August 20th, 2008

Millennium Data Systems, a Canadian managed services company announced it has acquired the assets of Hostingplex, a Toronto based managed hosting provider.

“Hostingplex is the third acquisition of Millennium this year”, said Matthew Saunders, COO of Millennium Data Systems.

“We believe that Hostingplex is a great fit for the organization and look forward to serving their 5,000 small medium business customers”, added Saunders.

“Its been a very busy summer for us with acquisitions”, noted Tony Di Benedetto CEO of Millennium Data Systems. “In total we have added 12,000 business customers to our Network, expanded our data center capabilities and introduced many new managed services and offerings to our customers”, added Di Benedetto.

“Our focus remains to fortify and build upon our managed services platform aggressively by acquiring accretive and highly synergistic managed service providers”.

Hostingplex assets are expected to be fully integrated by September 2008, with no disruptions to Hostingplex’s 5,000 clients.