Wednesday, April 23, 2014

Nexus Acquired By Dimension Data

Valencia, California-based Nexus, the information technology services provider headed by Deron Pearson, has been acquired by $6 billion IT solutions provider Dimension Data, the two said this morning. Financial terms of the acquisition were not announced. Nexus was founded in 2004, and has nineteen offices across the country. According to the companies, the buy will bolster Dimension Data's operations in the US by 40 percent, and particularly increases the company's presence in the West, Southwest, and Southeast. As part of the acquisition, Dimension Data said it has added 657 employees from Nexus to its operations.

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