Mergers and Acquisitions, IT management, Mergers and Acquisitions, MSP, Small business

Fraser Advanced Information Systems Acquires AAxios Technologies

Fraser Advanced Information Systems has acquired AAxios Technologies, an MSP in the Philadelphia area that offers cloud and cybersecurity services. Financial terms of the deal were not disclosed.

This is technology M&A deal number 672 that ChannelE2E has covered so far in 2021. See all technology M&A deals for 2021 and 2020 listed here.

Fraser AIS, founded in 1971, has 136 employees listed on LinkedIn. The company provides business technology solutions and process automation to companies across eastern and central Pennsylvania and western New Jersey. The firm offers a Global Support Center based in its West Reading headquarters, and also has regional offices in the Lehigh Valley, Philadelphia and Harrisburg.

Fraser delivers remote process and equipment management including copier meter readings and supply replenishment to network monitoring, security, voice and video conferencing, cybersecurity, backup and recovery, manage print services and digital signage to companies across all industries. The company is an authorized dealer for Sharp, Canon, Lexmark, KIP, Muratec and HP  Inc. print solutions.

AAxios is based in Warrington, Pennsylvania, and offers IT managed services, networking and cloud security solutions for industrial, office, medical and commercial industries.

The acquisition of Aaxios will increase Fraser AIS' geographic reach and offer strategic planning, network management, security and hands-on remote engineering services to more customers, according to the companies.

In a prepared statement about the deal, Fraser AIS President William Fraser said:

“The acquisition of Aaxios Technologies strengthens our market position across the Delaware Valley as an expanding IT solutions provider to the small, mid-size and major account business community. Aaxios clients can expect to continue to receive the same outstanding service and support to which they are accustomed. The addition of Aaxios Technologies to the Fraser portfolio will provide their customers with more choices for their office technology needs, as well as expanded services in regards to copiers, printers, business phone and voice services, video conferencing, digital displays and more.”

Sharon Florentine

Sharon is a master technology storyteller and editor with omnichannel experience: books and print magazines, digital, webcast, blogging, podcast, live events and video and associated brand-specific social media content. From 1999 to 2003, she acquired and edited technology books and certification exam prep guides.

After a year spent in publicity and editorial at mass-market book publishers, she returned to tech publishing and, since 2004, explored B2C and B2B news, issues and trends in consumer, lifestyle, software, software development, AI, ML, networks, big data, hardware, security, storage, cloud, equity, inclusion, diversity, women in tech, career development, IT management, H-1B visa issues and immigration, education, training and learning.

Her previous role was as the managing editor at Techstrong Group in charge of Cloud Native Now, DevOps.com, Security Boulevard and Techstrong ITSM and their brand-specific social media. She currently serves as editorial director for CyberRisk Alliance’s channel brands, ChannelE2E and MSSP Alert and acting editorial director for SC Media UK. Drop me a note and let’s talk!

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