- Microsoft Azure Cloud Services;
- Google Cloud Services;
- Remote Managed Infrastructure Services;
- Cybersecurity Services;
- SAP Managed Services
- ITSM (IT service management); and
- End-User Client Services.
Converge Technology Solutions Acquires ExactlyIT: Executive Perspectives
In a prepared statement about this latest deal, ExactlyIT CEO Michael Heuberger said:"When we launched our company, we used the first 12 months as an incubation period to be very disruptive in order to develop a new portfolio of managed IT services based on the needs of today's progressive CIO. Scalability, governance, transparency, and security were our main ingredients, and I think we have succeeded, given our growth in such a short period of time. Now, we are excited to be part of the Converge family and look forward to helping expand and grow the Company's next-generation managed IT services."
"We are delighted to welcome Co-Founders Michael Heuberger, Kevin Diaz, Mohammad Ahmmad, and the entire ExactlyIT organization into the Converge family. Converge's partnership with ExactlyIT was introduced earlier this year at our National Sales Meeting, solidifying a Managed Services alliance that began in September 2020. The addition of ExactlyIT will play an important role in our global expansion of Managed and Cloud Services and our already existing relationship will accelerate the roll-out of services to our clients. We welcome ExactlyIT's extensive Managed and Cloud Services experience, along with the additions they will bring to our Analytics and Cybersecurity teams."
Converge Technology Solutions: Business Performance
For the three months ended March 31, 2021, Converge Technology Solutions said:- Revenue was $310.2 million, up from $241.5 million in the year-earlier quarter.
- Net income was $3.7 million, far better than a $1.4 million net loss in the year-earlier quarter.
- Adjusted EBITDA was $18.8 million, up from $11.04 million in the year-earlier quarter.