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  6. iVedha Acquires Open Storage Solutions

M&A Deal Summary

iVedha Acquires Open Storage Solutions

On June 27, 2019, iVedha acquired information technology company Open Storage Solutions

Acquisition Highlights
  • This is iVedha’s 1st transaction in the Information Technology sector.
  • This is iVedha’s 1st transaction in Canada.
  • This is iVedha’s 1st transaction in Ontario.

M&A Deal Summary
Date 2019-06-27
Target Open Storage Solutions
Sector Information Technology
Buyer(s) iVedha
Deal Type Add-on Acquisition

Target

Open Storage Solutions

Brampton, Ontario, Canada
Open Storage Solutions, Inc. has been designing and integrating advanced storage products and high-performance, high-availability data protection for over 42 years. Open Storage has a total commitment to providing the very best value solutions by utilizing leading-edge technology and backing it with a high level of after-sales service. Open Storage Solutions provides data storage, data backup, data protection, and data management solutions, as well as provide Professional Services. Open Storage Solutions has offices throughout North America.

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Buyer(S) 1

Buyer

iVedha

Toronto, Ontario, Canada
Category Company
Founded 2001
Sector Information Technology
DESCRIPTION

iVedha, Inc. is a Next Generation CSP (Cloud Solutions Provider). iVedha’s cloud services help companies Build, Manage, Connect, Govern & Support their infrastructure by adopting digital transformation across multi-cloud technologies – Public cloud (AWS, Azure, Google) & Private/Hybrid clouds.

DEAL STATS #
Overall 1 of 1
Sector: Information Technology M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: Ontario M&A 1 of 1
Country: Canada M&A 1 of 1
Year: 2019 M&A 1 of 1
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