11:11 Systems has completed the sale of Sungard Availability Services’ (SAS – no relation) Recovery Services business and its Cloud and Managed Services (CMS) business.
Once the integration is complete, the acquired brands will operate as 11:11 Systems.
11:11 CEO, Brett Diamond said: “We had the opportunity to bring together expertise, solutions and services from leading companies, including these two Sungard AS businesses, to form the foundation of 11:11 Systems.”
11:11 Systems says it has entered into an asset purchase agreement to acquire the recovery services business from Sungard AS , claiming the parties anticipate receiving bankruptcy court approval of the sale by mid-October.
The transaction is expected to close later this Autumn alongside the managed infrastructure solution provider’s simultaneous acquisition of Sungard AS cloud and managed services business.
Once these deals are complete, it says the combined resources, experience, talent, solution offerings and customer and partner ecosystems will be brought together to “establish an in-depth, comprehensive and global cyber resiliency and disaster recovery practice”.
SAS has said that it will be generating 94 new Scotland jobs within its new Advanced Analytics lab and its expansion of its Scottish Research and Development Centre for Public Security.
The project is supported by £1.3 million from Scottish Development International (SDI), a partnership between the Scottish government, Scottish Enterprise and Highlands and Island’s Enterprise.
SAS has said as well as creating the new job opportunities it will also safeguard the current employee base of 126.
The partnership was announced during a Scotland Week meeting with Scottish First Minister Alex Salmond who was visiting New York as part of his programme to boost investment and employment in Scotland.
If follows the news yesterday with Daktari, an American life sciences company, also announcing it too would be creating 126 new jobs as a result of locating its global manufacturing base in Inverness.
Speaking from New York, Mr Salmond said the move by SAS was a “significant feather in Scotland’s cap”.
He added the new facility would position Scotland as an “international centre of excellence for big data analytics” and create a “substantial number” of highly-skilled, high-value jobs.
SAS said it was pleased to be spreading its wings in Scotland, claiming the investments allowed it to see the real “Scottish potential” with access to a pool of talent from Scottish universities.
SAS Global Communications has appointed Dave Everest as its new business development director.
The provider of managed network and professional services has said Everest will be responsible for driving new revenue growth across the UK via partner and direct channels.
He will be reporting to director of sales Mike Stichbury, and will be based in the north of England.
Everest climbs into SAS from managed services provider Calyx, where he held a number of senior sales and business development director roles over a four year period. He is claimed to have an extensive sales experience in IT services, networking and telecoms, having spent more than 16 years working with major organisations, including PSINet, Cable and Wireless, Network Partners and MXC.
His appointment comes as part of a new SAS strategy with plans to enhance the company’s managed services portfolio to become an £21 million business in the next three years.
April 23rd, 2024
April 23rd, 2024
April 22nd, 2024
April 22nd, 2024
April 19th, 2024
April 23rd, 2024
April 23rd, 2024
April 22nd, 2024
April 22nd, 2024
April 19th, 2024