Possible CTC Acquisition Could Give IceWEB Cloud Services Provider Status

Kansas City, Missouri-based Computers and Tele-Comm, Inc. (CTC) may be purchased by IceWEB, Inc., according to the latter, who announced that it has declared its intent to acquire it. It is expected that as a result of this acquisition, IceWEB is edging nearer to becoming a full-service Cloud Services provider.

It is likely that this move will result in IceWEB gaining CTC’s wireless ISP, carrier-neutral Network Access Point and full-service data center. The CEO of the company, Robert Howe, commented on the extra conditions: “We will now be able to aggressively compete in the cloud computing space, which is estimated by Forrester Research to reach $55 billion in 2014. We have firmly established ourselves in the storage market and the Bring Your Own Device (BYOD) file-sharing space. This acquisition adds a major set of additional critical components, capabilities and extensions to those solutions, beginning with our own fully secure, powerful, and expandable datacenter.”

The founder and CTO of CTC, Graeme Gibson, also commented on the benefits of the intended purchase, and focused on the advantages. He said: “In June of last year, we embarked on an effort with Streamside Ventures to scale our capabilities and our reach. This new opportunity with IceWeb is the culmination of years of hard work with our combined talent and the leadership of our Streamside partners.”

Source Capital Group, Inc. is instructing both companies presently, with regards to the acquisition. Further detail can be gained through an IceWEB seminar which is being hosted on March 7 at 2pm PST/5pm EST. (CY) Link