Forsythe Acquires More Group Inc.
North American IT Infrastructure Company Expands Storage Solutions in New England with Acquisition.
Skokie, IL, May 03, 2008 --(PR.com)-- Forsythe Solutions Group Inc., a 37-year-old North American IT infrastructure integrator and wholly-owned subsidiary of Forsythe Technology Inc., announced that it has acquired the storage integration business assets of More Group Inc., a leading data storage management integrator. These include the services of More’s strong team of experienced sales and storage solutions professionals in Massachusetts and a managed services function for information storage. In addition, Forsythe gains its eighth training facility, which is located in Middleboro, Mass. and is focused on training in IBM’s Tivoli Storage Management (TSM) and CommVault. Terms of the deal were not disclosed. This acquisition enhances Forsythe’s ability to help its customers store and protect their information and strengthens the company’s presence in New England.
This acquisition is Forsythe’s fourth in the last five years. Previous acquisitions include that of St. Paul, Minnesota-based Information Security Technology (IST), a security solutions provider, in September, 2007; Atlanta-based National Business Group, Inc. (NBG), a leader in networking integration of security solutions in 2004; and the security and consulting services assets and contracts of Telenisus, a Chicago-based Internet security company in 2002.
“We view IT infrastructure holistically. Information storage and management are inextricable from information security, recoverability, availability and usefulness to the business,” comments Forsythe president and CEO William P. Brennan. “The addition of the experienced professionals from More Group further enhances our ability to provide our customers with optimized solutions for storing, protecting and utilizing their invaluable data.”
"Having built More Group and led its team of professionals over the past several years, I am excited to see it added to the strong array of offerings of an industry leading IT infrastructure integrator like Forsythe," stated Thomas M. Gelson, outgoing founder, president and CEO of More Group.
More Group offers a range of data storage management solutions and services, helping customers from a variety of industries design, deploy and support scalable storage solutions. More Group is partner to and integrator for technology manufacturers including IBM, Quantum, Hitachi Data Systems, CommVault, and EqualLogic.
Effective immediately, More Group employees will become part of Forsythe Solutions Group, Inc. Like Forsythe, More Group is an employee-owned company, and the new employee-owners from More Group join a Forsythe workforce that numbers more than 800 people in 50 locations in the U.S. and Canada.
Gelson will now focus his energies on his role as president and CEO of recently launched online data backup and disaster recovery solution provider Vault USA, and will bring a core leadership team with him to drive that venture.
"We are also extremely proud that Forsythe has signed a service provider agreement with Vault USA,” says Gelson. Forsythe will now offer the Vault USA service model to customers who have the need to store and protect their information using online backup and disaster recovery.
About Forsythe
Founded in 1971, Forsythe serves as an information technology infrastructure integrator, helping organizations across all industries, including Fortune 1000 companies, solve business problems through technology. Acting as a trusted, independent advisor, Forsythe provides technology and business consulting services, technology leasing services, and value-added reseller services for all the leading technology product manufacturers. Headquartered in Skokie, Illinois, Forsythe employs more than 800 people in nearly 50 offices throughout the United States and is 100-percent employee-owned. In 2007, Forsythe achieved its 37th consecutive year of profitability with estimated revenues of $629 million. (Forsythe’s 2007 annual report will be available later in May.) Forsythe McArthur Associates, Inc., Forsythe Solutions Group, Inc., and Forsythe Federal Solutions Corp. are wholly-owned subsidiaries of Forsythe Technology, Inc. For more information, visit www.forsythe.com.
About More
More Group, Inc., is a leading storage management integrator offering a range of solutions and services to store and protect your valuable information. Its team of storage integration professionals brings decades of combined experience in designing, deploying, and supporting scalable storage solutions to meet all of our customers' needs. Additionally, More Group’s senior engineers conduct a suite of training programs designed for all levels of backup and recovery professionals. More Group works with customers from a variety of industry sectors, including financial services, insurance, government, healthcare, technology and higher education.
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This acquisition is Forsythe’s fourth in the last five years. Previous acquisitions include that of St. Paul, Minnesota-based Information Security Technology (IST), a security solutions provider, in September, 2007; Atlanta-based National Business Group, Inc. (NBG), a leader in networking integration of security solutions in 2004; and the security and consulting services assets and contracts of Telenisus, a Chicago-based Internet security company in 2002.
“We view IT infrastructure holistically. Information storage and management are inextricable from information security, recoverability, availability and usefulness to the business,” comments Forsythe president and CEO William P. Brennan. “The addition of the experienced professionals from More Group further enhances our ability to provide our customers with optimized solutions for storing, protecting and utilizing their invaluable data.”
"Having built More Group and led its team of professionals over the past several years, I am excited to see it added to the strong array of offerings of an industry leading IT infrastructure integrator like Forsythe," stated Thomas M. Gelson, outgoing founder, president and CEO of More Group.
More Group offers a range of data storage management solutions and services, helping customers from a variety of industries design, deploy and support scalable storage solutions. More Group is partner to and integrator for technology manufacturers including IBM, Quantum, Hitachi Data Systems, CommVault, and EqualLogic.
Effective immediately, More Group employees will become part of Forsythe Solutions Group, Inc. Like Forsythe, More Group is an employee-owned company, and the new employee-owners from More Group join a Forsythe workforce that numbers more than 800 people in 50 locations in the U.S. and Canada.
Gelson will now focus his energies on his role as president and CEO of recently launched online data backup and disaster recovery solution provider Vault USA, and will bring a core leadership team with him to drive that venture.
"We are also extremely proud that Forsythe has signed a service provider agreement with Vault USA,” says Gelson. Forsythe will now offer the Vault USA service model to customers who have the need to store and protect their information using online backup and disaster recovery.
About Forsythe
Founded in 1971, Forsythe serves as an information technology infrastructure integrator, helping organizations across all industries, including Fortune 1000 companies, solve business problems through technology. Acting as a trusted, independent advisor, Forsythe provides technology and business consulting services, technology leasing services, and value-added reseller services for all the leading technology product manufacturers. Headquartered in Skokie, Illinois, Forsythe employs more than 800 people in nearly 50 offices throughout the United States and is 100-percent employee-owned. In 2007, Forsythe achieved its 37th consecutive year of profitability with estimated revenues of $629 million. (Forsythe’s 2007 annual report will be available later in May.) Forsythe McArthur Associates, Inc., Forsythe Solutions Group, Inc., and Forsythe Federal Solutions Corp. are wholly-owned subsidiaries of Forsythe Technology, Inc. For more information, visit www.forsythe.com.
About More
More Group, Inc., is a leading storage management integrator offering a range of solutions and services to store and protect your valuable information. Its team of storage integration professionals brings decades of combined experience in designing, deploying, and supporting scalable storage solutions to meet all of our customers' needs. Additionally, More Group’s senior engineers conduct a suite of training programs designed for all levels of backup and recovery professionals. More Group works with customers from a variety of industry sectors, including financial services, insurance, government, healthcare, technology and higher education.
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