Solution Provider Forsythe Acquires IST
Solution provider Forsythe Solutions Group announced a few weeks ago it had acquired Information Security Technology (IST) in order to increase its international presence.
IST will improve the solution provider’s visibility in Minneapolis/St. Paul and in Ohio in the security markets. IST also has offices in Winnipeg, Manitoba, Calgary, Alberta and Vancouver, British Columbia.
According to company leaders, the solution provider Forsythe has been thinking about international expansion for several years. They are now more seriously considering an expansion to other countries as part of their growth plan. The solution provider will accomplish this both through natural growth and by making further acquisitions. IST joins the ranks of two other companies recently acquired by Forsythe in the securities market. The other two companies acquired were National Business Group of Atlanta and Telenisus in Chicago.
CRN reported last year that as VARs continue to try to increase their channel expertise, they are acquiring more solution providers. Forsythe also focuses on storage, servers, networking and security. However, security has started to become very important.
IST will be called “IST, a Forsythe company” until it is fully absorbed by the solution provider in the next couple months.
Blogged By: Computer Consulting Kit