M&A Deal Summary

11:11 Systems Acquires iland

On December 15, 2021, 11:11 Systems acquired information technology company iland

Acquisition Highlights
  • This is 11:11 Systems’ 1st transaction in the Information Technology sector.
  • This is 11:11 Systems’ 2nd transaction in the United States.
  • This is 11:11 Systems’ 1st transaction in Texas.

M&A Deal Summary

Date 2021-12-15
Target iland
Sector Information Technology
Buyer(s) 11:11 Systems
Deal Type Add-on Acquisition

Target

iland

Houston, Texas, United States
iland is a global cloud service provider and industry-recognized leader of secure and compliant hosting for infrastructure (IaaS), disaster recovery (DRaaS), and backup as a service (BaaS). iland’s award-winning iland Secure Cloud Console natively combines deep layered security, predictive analytics, and compliance to deliver unmatched visibility and ease of management for all of iland’s cloud services. iland is based in Houston, Texas.

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Buyer(S) 1

Buyer

11:11 Systems

Fairfield, New Jersey, United States

Category Company
Founded 2020
Sector Information Technology
DESCRIPTION

11:11 Systems is an integrated, fully automated. All services, activities, data, and performance, powered on a single platform. 11:11 Systems was founded in 2020 and is based in Fairfield, New Jersey.


DEAL STATS #
Overall 2 of 6
Sector: Information Technology M&A 1 of 2
Type: Add-on Acquisition M&A Deals 2 of 3
State: Texas M&A 1 of 1
Country: United States M&A 2 of 6
Year: 2021 M&A 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-10-05 Green Cloud Defense

Greenville, South Carolina, United States

Green Cloud Defense is an independent channel-only cloud Infrastructure-as-a-Service (IaaS) provider. Green Cloud Defense is based in Greenville, South Carolina.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-05-16 Unitas Global - Managed Service & Cloud Infrastructure Assets

Chicago, Illinois, United States

Unitas Global - Managed Service & Cloud Infrastructure Assets provides specific managed services to customers, cloud infrastructure, and contracts.

Buy -