Now that it has flown the nest and decamped to Arden Hills, Minnesota, Control Data Systems Inc feels confident enough to start making acquisitions, and for its first, it has gone for Evernet Systems Inc, a Los Angeles network systems integrator that inter alia sells NetFrame Systems Inc servers. It has signed a letter of intent to acquire the $40m-a-year company for an undisclosed sum in cash and shares. Evernet claims to have installed over 175,000 nodes in more than 5,000 networks across 48 US states and in Europe, Asia, Canada and Mexico as well.
