Midas Medici Acquires Consonus

Midas Medici Group Holdings; a clean energy provider, has fully acquired colocation ‎provider Consonus Technologies. The details of the deal were not revealed. Consonus has ‎now officially merged with a wholly-owned subsidiary of Midas, after all the stocks were ‎bought out. ‎

Both Consonus and UtiliPoint International, an offshoot of Midas, would benefit from ‎cross business opportunities. The combined entity would be a strong green IT based ‎company specialized in offering virtualization, cloud computing, data management ‎services and Smart Grid solutions.‎

The successful acquisition of Consonus was a great achievement, transforming Midas ‎into an enterprise with focus on both green IT and Smart Grid solutions. All their ‎customers based throughout Africa, Canada, Europe, Asia, South America and the United ‎States, stand to benefit. Midas would expand their service and product offerings by ‎utilizing the strengths of Consonus and UtiliPoint brands. Consonus would remain ‎committed to their core business practices of data center infrastructure solutions and ‎managed services, and optimize IT and data center investments, by providing co-location ‎and cloud-based data center environments for their customers. Midas’ UtiliPoint would ‎complement these services by providing green hosting and delivery of energy efficient IT ‎infrastructure and consulting services.‎

Date: Sunday March 6, 2011