Velocity Technology Solutions, a provider of enterprise software application management, hosting, and consulting services, has acquired the Lawson- and Kronos-hosting business from NaviSite ( NAVI).
As part of the transaction, Velocity Technology has acquired the SAS70 Type II-certified datacentre in Minneapolis, which supports the existing NaviSite clients.
Velocity Technology said the datacentre will extend and strengthen its Velocity On-Demand private-cloud architecture that provides customers with a processing environment and control and flexibility over their application software.
Tom Bruno, president and chief executive officer of Velocity, said: Together with Velocity, this acquisition facilitates a powerful combination of talented professionals, innovative solutions, and advanced cloud-based technologies for the enterprise software market.
“Velocity is extremely well suited to continue providing an outstanding level of service and deliver the personalised care that customers have come to expect. Velocity has been a business partner with Lawson for more than 20 years. This transaction expands our role in the marketplace and enables us to achieve the critical mass necessary to accelerate our success.