Anexinet
Corporation and Veristor
Systems Inc. announced that they are
merging. The unified company will offer full-lifecycle expertise across the complete technology landscape
and deliver the superior technical experience customers need to
make informed decisions in today's complex digital world.
The merging of Veristor and Anexinet
brings a highly complementary, innovative solution and service portfolio that
addresses the increasing need for diverse, scalable skills as well as secure,
intelligent solutions. The importance of
this growing segment has continued to expand throughout the pandemic as
companies focus on better enabling their hybrid workforce, engaging with their
customers through all digital channels, and managing the growing risk of
security threats. Together, they
will guide customers' technology strategies including insights into what to
buy, what to build, how best to manage, and how to secure critical enterprise
environments to improve market share and reduce costs.
"Veristor is an advanced
technology solutions provider with deep expertise in security, storage,
networking, DevOps, and collaboration," said Brian Glahn,
CEO, Anexinet. "This merger demonstrates our commitment to
delivering solutions that materially improve our clients' business operations
while enabling seamless experiences across touchpoints, locations, and
channels. Not only does the merger double the size of our customer base, it
greatly expands our engineering capabilities and delivery teams to allow us to
better serve our customers."
"Anexinet's mission as a value-led company
with a passion that puts people-first is perfectly aligned with Veristor's
culture, making them an ideal partner," said Ashby Lincoln, President, CEO and
Co-Founder, Veristor. "By combining our expertise, resources, and geographical
reach we are creating a technology solution and service powerhouse. Together,
Anexinet and Veristor have the combined strategy, design, engineering, security
and managed services practices that will further accelerate technology
time-to-value for our mutual clients as they modernize and transform the
digital environments that run their businesses."
Leveraging Mill Point
Capital, Anexinet is building a single company that is truly aligned with what enterprise-class
organizations want to build but can't achieve on their own or by relying on a
single hardware or software vendor.
"This merger, following Anexinet's
fully-integrated acquisitions of SereneIT and Light Networks for their automation, CCaaS, and
UCaaS solutions, demonstrates the continued commitment to provide innovative,
secure solutions to their clients," said Michael Perdue, Anexinet Chairman of
the Board and Mill Point Capital Executive Partner. "Combining Anexinet and
Veristor significantly expands their product and service offerings and
amplifies their go to market capability while providing enhanced value to their
customers and partners."
The merger of Anexinet and Veristor is
effective today. The terms of the transaction were not disclosed.