Sysorex Completes Acquisition Of Lilien
SANTA CLARA, Calif., March 21, 2013 /PRNewswire/ -- Sysorex Global Holdings Corp. (SYRX.PK US), a leading information technology solutions and services company, today announced the acquisition of Lilien LLC, an enterprise IT infrastructure solution provider with over $40 million in annual revenue, through a combination of stock and cash from debt financing. Acquiring Lilien expands Sysorex's depth of enterprise service offerings, including Big Data services and advanced analytics, while providing premier partnership status with leading vendors in IT infrastructure. Lilien provides the people, processes and technology to develop and implement infrastructure for mission-critical enterprises. They provide comprehensive solutions that enable customers to solve the most complex and important IT challenges and objectives while driving the greatest business value.
"We are excited to leverage the global presence and resources of Sysorex," said Geoffrey Lilien, CEO of Lilien LLC. "This provides us with a unique opportunity for vertical market and geographic expansion. By combining our experience and resources, we will be even better equipped to meet current and future enterprise IT demands for our customers."
"The acquisition of Lilien greatly increases our service and product offerings," said Nadir Ali, President of Sysorex Global Holdings Corp. "Lilien is an award winning and long established company that brings our organization multiple benefits including highly qualified and dedicated staff, deep technical expertise, premier technology certifications, and key manufacturer partnerships. We look forward to incorporating their leading-edge solutions, including Big Data and analytics, onto our extensive Government contracts. Sysorex plans to continue to expand through strategic acquisitions and organic growth to fulfill our plan to become a leading provider of IT services and solutions to government agencies and businesses globally. Lilien is the first acquisition and offers a tremendous platform and team to build on."
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SOURCE Sysorex Global Holdings Corp.