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February 24, 2010

Velocity buys Lawson- and Kronos-managed application services business of NaviSite

Includes Minneapolis datacentre that extends its Velocity On-Demand private-cloud architecture

By CBR Staff Writer

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.

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“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.

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