Feeds

CIBER buys Aris Corporation

UK arm included

  • alert
  • submit to reddit

US reseller CIBER is buying Aris Corporation for $31.4m in cash and stock. Aris is a $50m Microsoft-centric systems integrator with operations in the US
and the UK.

Colarado-based CIBER is a $600m t/o business with "27 years of solid experience in the US, Canada and Netherlands".

The company said in a statement: "The IT services industry is over capitalized and calls out for consolidation. The fleeting Internet service providers will all disappear soon, but there are solid `operators' with good employees and strong customer relationships. Aris is such a company".

Aris has a strong balance sheet but is not making an operating profit. CIBER think it can take into the black through "significant synergies, such as corporate offices and branches". ®

Whitepapers

Implementing global e-invoicing with guaranteed legal certainty
Explaining the role local tax compliance plays in successful supply chain management and e-business and how leading global brands are addressing this.
Endpoint data privacy in the cloud is easier than you think
Innovations in encryption and storage resolve issues of data privacy and key requirements for companies to look for in a solution.
Scale data protection with your virtual environment
To scale at the rate of virtualization growth, data protection solutions need to adopt new capabilities and simplify current features.
Boost IT visibility and business value
How building a great service catalog relieves pressure points and demonstrates the value of IT service management.
High Performance for All
While HPC is not new, it has traditionally been seen as a specialist area – is it now geared up to meet more mainstream requirements?