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"Whenever you see a successful business, someone once made a courageous decision."

-Peter Drucker

August 02,2013

FusionStorm and Synoptek Form Alliance to Deliver Managed Services

 martinwolf Transaction

 

San Francisco-based FusionStorm, an award-winning IT solution provider with national U.S. coverage and global distribution capabilities, has entered into a strategic alliance with Synoptek, a cloud solutions and managed IT services firm based in Irvine, California.

 

FusionStorm logo

The two companies will partner to form a new entity to meet the growing worldwide demand for cloud “as-a-service” technology and powerful hosted solutions to support on-premise systems.

 

 

Financial terms of the transaction were not disclosed. FusionStorm will have a significant equity stake in the new entity, which will operate under the Synoptek brand, and FusionStorm CEO Dan Serpico will hold a board seat on the Synoptek board.

 

 

FusionStorm and Synoptek were counseled in the transaction by martinwolf. 

 

To read the press release announcing the alliance, click here.

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