Managed infrastructure solutions provider 11:11 systems has agreed to buy Iland, a global cloud service provider based in Texas with infrastructure in data centers round the world including Equinix in Canada and space in Singapore originally set up in space owned by Pacnet/Telstra.
Iland offers infrastructure (IaaS), disaster recovery (DRaaS), and backup as a service (BaaS), and will join 11:11's other recent acquisition, Green Cloud Defense, a channel-only cloud provider formerly known as Green Cloud Technologies.
11:11 says this allows it to cover connectivity, cloud, and security solution sets across Channel, SMB, and Enterprise: “The acquisition of Iland is a major step in unifying all aspects of connectivity, cloud, and security to fast-track our company growth across all three solution pillars,” says Brett Diamond, CEO of 11:11 Systems. “Iland is core to our strategy to become the leading managed infrastructure solutions provider, driving growth by providing a single source for customers.”
The terms of the transaction were not disclosed. The acquisition is expected to close later this month.
11:11 is backed by private equity firm Tiger Infrastructure Partners.