INX shareholders greenlight Presidio merger

INX shareholders have agreed to allow the company to be acquired by Presidio, a deal that originally was brokered in the fourth quarter of 2011. The acquisition of INX, a provider of IP based unified communications and data center/cloud infrastructure solutions for enterprise organizations, will create one of the largest national advanced IT solution providers.

The all-stock deal gives Presidio a company with more than 1,800 IT professionals in nearly 50 offices across the U.S.

Presidio and INX both capitalized early on important market transitions to create leading data center and cloud, collaboration, security and network infrastructure architecture practices. Each company delivers a full suite of mature managed and hosted services offerings associated with those architectures. Both firms are recognized as elite strategic partners by leading technology providers including Cisco, EMC, VMWare, NetApp and VCE.

Over the last seven years, Presidio has brought together regional leaders such as Ficomp, Networked Information Systems, Solarcom and Coleman Technologies to create one of the fastest growing, privately held companies in the technology industry.

INX stockholders received $8.75 in cash for each share of INX common stock.

For more:
- see this release

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