NEW YORK April 19, 2012 Washington D.C.
Today’s closing is the result of three months of negotiations between the parties. Advus executives analyzed several different options and concluded that these assets will best enable the company to serve customer demand for highly secure cloud services.
Hugh Buitano MIT
Commenting on the developments, Buitano added, "I am extremely pleased to join the very talented team of executives and engineers at Advus. I firmly believe that the IP and other assets that this deal brings to Advus will allow the company to accelerate its plans for highly secure access to big data and elastic analytics in the cloud. Advus clients and partners will have access to powerful systems and infrastructure that will protect client data with the same level of security and scalability required by federal agencies here in DC that systematically handle classified material. With Marcelo and his team, plus a significant part of my lnfoSecure team that is joining Advus Cloud Services, I will make sure that we inject scalable and secure cloud solutions throughout Advus’ entire portfolio of offerings, services and projects."
Financial terms of this transaction were not disclosed.
Chevy Chase, MD Washington D.C.
SOURCE Advus Corporation