Computex deal closes as expected - Transformative acquisition puts Calian on the path to becoming a leading Managed Detection & Response organization in North America
- Computex offers a direct sales force, cybersecurity experts, an enterprise-grade hardened network operations centre and security operations centre, over 1,100 US customers and best-in-breed technology partners
- CAD$38M acquisition is expected to add CAD$75M in annual business
OTTAWA, ON / ACCESSWIRE / March 16, 2022 / Calian Group Ltd. (TSX:CGY), a diverse product and services company providing innovative solutions for the healthcare, communications, learning and security sectors, has completed the acquisition of US-based Computex Technology Solutions (Computex) for CAD$38M (USD$30M).
The acquisition marks the beginning of a strategic move for Calian to expand into the US everything-as-a-service (XaaS) market with a full suite of managed services. It will also expand the Calian IT and cybersecurity portfolio in Canada and global markets.
Computex has a 35-year history in the US, with a significant footprint in Texas, Minnesota and Florida. In 2021, Computex was named the AT&T Cybersecurity Growth Partner of the Year and the Cisco Innovator of the Year.
"The acquisition of Computex is an important step in our growth strategy," says Sacha Gera, President, IT and Cyber Solutions, Calian. "It will add $75 million in annual business, which includes $30 million in recurring revenue from managed IT and cybersecurity services. I look forward to working with the exceptional and highly skilled Computex team to build our cyber solution expertise and grow our capabilities with a full complement of XaaS services and IT solutions."