Corsica Technologies has acquired Hughes Systems Group, a company specializing in B2B data integration services, for an undisclosed amount.
This is technology M&A deal number 33 that ChannelE2E and MSSP Alert have covered so far in 2024. See more than 2,000 technology M&A deals for 2024, 2023, 2022, 2021, and 2020 listed here.
Corsica Technologies, founded in 2003, is based in Centreville, Maryland. The company has 137 employees listed on LinkedIn. Corsica’s areas of expertise include Helpdesk Services, Network Operations Center Services, Cloud Solutions, IT Consulting, IT Outsourcing, Managed Security Services, Enterprise IT Solutions, 24/7 IT support, Consulting & Advisory Services, IT Security Solutions, Business Continuity & Disaster Recovery, Managed Services, IT Products & Services, IT Infrastructure Integrator, Business Innovation, Digital Transformation, Cybersecurity Monitoring, Hardware Reseller, Cloud Migration, cybersecurity, and MSSP.
Hughes Systems Group, founded in 2000, is based in Santa Barbara, California. The company has five employees listed on LinkedIn. Huges’ areas of expertise include EDI Integration, Sage ERP Integration, SAP ERP Integration, Oracle ERP Integration, Epicor ERP Integration, API Integration, and Shopify Integration.
About The Deal
The acquisition aims to broaden the range of managed services Corsica Technologies offers to include cybersecurity, IT infrastructure, and now B2B data integration, the company said.
Hughes Systems Group’s managed service model is designed to help reduce costs and enhance operational efficiencies for businesses. With this acquisition, Corsica Technologies says it intends to address the growing demand among its clientele for integrated data solutions that complement their existing IT and cybersecurity services.
Corsica Acquires Huges: Executive Commentary
Brian Harmison, CEO, Corsica Technologies, commented:
"Our clients are asking us to help them develop data integration solutions in the same way we solve their IT cloud infrastructure and cybersecurity needs. With this addition, we'll be able to begin solving those data integration challenges immediately."
Pat Hughes, CEO, Hughes Systems Group, added:
"We are excited to join forces with the Corsica team and see a natural fit between our services and solutions and Corsica's capabilities." Hughes emphasized the shared commitment to developing long-term relationships with clients and the mutual focus on solving integration challenges to help clients gain competitive advantages.
