Converge Technology Partners announced it has acquired the Agoura Hills-based cloud data business Key Information Systems.
KeyInfo is one of the earliest companies in America to offer cloud computing solutions. Its customer base includes IBM.
Terms of the deal were not disclosed.
“KeyInfo’s IBM leadership experience is an immense value add and will help expand Converge’s identity-based enterprise block chain capabilities,” said Converge chief executive Shaun Maine.
Blockchain technology provides the foundation for a hack-free, digital ledger of economic transactions.
Acquisition of KeyInfo gives Converge a western U.S. footprint.
“Adding KeyInfo to our portfolio fulfills the West Coast phase of our build-out of a national platform of regionally focused IT infrastructure firms by extending our data storage and managed service offerings to our West Coast customers,” Maine said in a statement.
KeyInfo offices are at 30077 Agoura Court in Agoura Hills.
—Acorn staff report