Spotlight

An archive of past spotlight issues.

 

The martinwolf team tracks noteworthy mergers and acquisitions, and offers
commentary on issues that impact our industry. Here is an archive of past

martinwolf Represented Vicom Infinity and Infinity Systems Software in Completed Acquisition by Converge Technology Solutions

Scottsdale, Arizona (September, 1, 2021) Converge Technology Solutions Corp. (TSX:CTS)  (FSE:0ZB) (OTCQX:CTSDF) a software-enabled IT & Cloud Solutions provider, announced the closing of its previously announced acquisition of Vicom Infinity and Infinity Systems Software.

 

Vicom Infinity and Infinity Systems Software were represented by martinwolf, a leading M&A advisory firm serving the middle market IT industry. It marks the firm’s thirteenth transaction in the past seven months.

 

Vicom Infinity, a world-class IBM mainframe solutions provider, focuses its philosophy on combining proven technology with the infinite possibilities of innovative thinking to transform IT functionality. Infinity Systems Software has been a leading supplier of software and services for IBM platforms for more than 20 years. Sister company to Vicom Infinity, Infinity Systems Software is proficient in IBM mainframe and offers a wide range of services including IT consulting, applications development, managed services, legacy modernization, disaster recovery, and customization.

 

Both organizations will join the existing Converge footprint in the U.S. Northeast, which includes Converge subsidiaries Lighthouse, Essextec, VSS, and Vicom Computer Services. The addition of Vicom Infinity and Infinity Systems Software will add to the Vicom group of companies within Converge and provide increased resources and client offerings, specifically in the area of IBM solutions and high-availability environments.

 

About Vicom Infinity & Infinity Systems Software

Vicom Infinity provides processing solutions for high-availability environments to ensure seamless IT transformation development. Vicom Infinity architects, implements, and supports customized solutions that fit the unique needs of each specific client and are widely known for their expertise in optimizing legacy investments while introducing new technologies and capabilities. Infinity Systems Software, sister company to Vicom Infinity, has been a leading software supplier and services provider for IBM platforms for more than 20 years. Infinity Systems Software is highly skilled in IBM mainframe environments, from legacy systems to IBM’s sophisticated System z mainframes, including Linux-based platforms.

 

Together, Vicom Infinity and Infinity Systems Software bring a wealth of experience and expertise in IBM data center environments. By combining technology tools and business objectives, both organizations jointly deliver unique insight into IBM’s technology roadmap and help clients find the right strategy to achieve business success. For more information, visit https://vicominfinity.com/

 

About Converge:

Converge Technology Solutions Corp. is a software-enabled IT & Cloud Solutions provider focused on delivering industry-leading solutions and services. Converge’s regional sales and services organizations deliver advanced analytics, cloud, and cybersecurity offerings to clients across various industries. The Company supports these solutions with managed services, digital infrastructure, and talent expertise offerings across all major IT vendors in the marketplace. This multi-faceted approach enables Converge to address the unique business and technology requirements for all clients in the public and private sectors. For more information, visit convergetp.com

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