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Networking

NaviSite Acquires Surebridge, Expands Portfolio: Page 3 of 3

NaviSite on Thursday said it has agreed to acquire Surebridge in a cash and stock deal expected to broaden NaviSite's portfolio of hosted services to include business software from Microsoft,
May 07, 2004

The technology services market has seen quite a bit of consolidation over the last couple of years. NaviSite alone has acquired several companies since late 2002, including Clearblue Technologies Management, Avasta, Conxion and Interliant. Other acquisitions include Siebel's late 2003 purchase of UpShot, which hosted customer relationship software.

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