Strategic acquisition Nscglobal in IT Networking
Nscglobal has acquired PING, LLC, a US network integrator and managed services provider based in New York. The UK headquartered Nscglobal is executing a buy and build strategy. Previous acquisitions have taken place in Spain and Germany.
- (1888PressRelease) August 27, 2010 - Nscglobal has acquired PING (Professional Inter-Networking Group, LLC), a US network integrator and managed services provider based in New York. The UK headquartered Nscglobal is executing a buy and build strategy. Previous acquisitions have taken place in Spain and Germany. Corporate Finance in Europe has acted as M&A advisor in this and previous acquisitions.
"The acquisition of PING is a positive step in Nscglobal's strategy to provide services to a focused group of world-class organizations and expanding the business globally to meet their needs," comments Yaseen Khan, Nscglobal's CEO.
About Nscglobal
Nscglobal provides Global Network Implementation and Support solutions. Solutions consist of network, security, data-centre and project management. Its customer list includes some of the world's leading brands. To provide full service to its clients a global presence is needed. Nscglobal intends to leverage its global relations via these acquisitions. Nscglobal has an intensive focus on Cisco products and services.
About PING
Professional Inter-Networking Group (PING) designs and deploys enterprise network solutions. PING delivers networking professionals, including Cisco Certified Internetwork Experts (CCIE's), and inter-networking solutions. PING is organized around business-focused senior engineers, technical project managers, and development and implementation teams.
About Corporate Finance in Europe
Corporate Finance in Europe is an independent M&A network of European M&A advisors. The focus is cross border M&A transactions for companies with a valuation from 2m to 100m euro. For selling or buying a business corporate finance in Europe works with industry specialists. For more information about Corporate Finance in Europe follow www.corporatefinanceineurope.eu
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