Carousel Industries, a provider of data networking and unified communications, announced that it signed a letter of intent to acquire Juma Technology Corp.
Juma (News - Alert) Technology, a business unit of the Juma Corporation, is an Avaya Business Partner. Juma Technology has approximately 350 customers and offices in Farmingdale, Long Island and New York City.
The acquisition of Juma Technology (News - Alert) will assist Carousel Industries to build on its core capabilities in convergence, IP telephony and networking. The proposed takeover will also assist the company to expand its customers in the northeastern region.
“Our acquisition of Juma Technology plays to Carousel Industries' core strengths in networking and convergence, while expanding our geographic footprint,” said Jeff Gardner, chief executive officer of Carousel Industries, in a statement. “The company's track record of growth-despite economic uncertainty in the market-is remarkable. Their ability to attract and retain loyal, enterprise clients despite their relatively small size is very impressive.”
“We are enthusiastic about this acquisition and believe it is a very positive development for Juma Technology’s entire customer base,” said Anthony M. Servidio, chief executive officer of Juma Technology Corp. “Since the beginning, Juma Technology has had a one hundred percent focus on the customer; we believe this important characteristic will translate seamlessly into the culture of Carousel Industries, which holds similar customer values.”
The acquisition is important for Carousel Industries as Juma Technology has an experienced staff of engineers capable of providing network management, pre-sales support, programming, and network design services. This is besides the experienced sales force. The purchase of Juma Technology is the latest in several acquisitions made by Carousel over the last two years. The company is looking at increasing its capabilities while expanding its customer base and geographic reach.
Recently, Carousel announced that it has acquired TAC Centre, a provider of Nortel (News - Alert) communications solutions. The acquisition brings a strong base of Nortel customers into the Carousel fold, including a high concentration of healthcare and higher education customers across the nation.
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Rajani Baburajan is a contributing editor for TMCnet. To read more of Rajani's articles, please visit her columnist page.
Edited by Jennifer Russell