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Dealipedia - Chris Golden acquires ITM Associates Inc

Chris Golden acquires ITM Associates Inc

Deal Participants:
Acquiring Company: Chris Golden View Profile Charts Homepage
Target Company: ITM Associates Inc View Profile Charts Homepage
Deal Financials:
 
Date:
Offered: Aug 31, 2012
Announced: Sep 27, 2012
Closed: Sep 26, 2012

Blurb:

100% Stock Sale

PRESS RELEASE

SecurLinx Corporation acquired ITM Associates, Inc. of Rockville, MD effective April 1, 2012. Founded in 1993, ITM offers its inFusion™ family of collaboration and automated workflow products and has longstanding relationships with the US Environmental Protection Agency, Verizon Communications, St Luke’s Episcopal Hospital, and major insurance providers. “Mergers of companies like Securlinx and ITM are ultimately more about people than technology, said Securlinx CEO Barry Hodge. “We look forward to the addition of ITM’s customers and products but we’re especially pleased to add ITM’s talented staff to our team.”

According to Hodge, the acquisition of ITM accelerates Securlinx’ ability to expand its existing presence in the biometric identification and security markets as well as in the markets currently served by ITM. “Together, SecurLinx and ITM will offer compelling and high return-on-investment products and services for customers needing higher levels of security and performance in mission critical activities.”

About SecurLinx: http://www.securlinx.com

A wholly owned subsidiary of SecurLinx Holding Corporation (FRA: S8X) and located in Morgantown, West Virginia, SecurLinx is an advanced technology and software development company. The Company offers middleware products and systems applied to information sharing, secure access, and biometric identification. SecurLinx adds increased security, productivity, and seamless information management solutions in targeted markets where secure access to physical locations or information sharing networks is critical to the enterprise.

About ITM Associates: http://www.itmassociates.com

ITM provides products and services that make businesses more profitable and prosperous by bridging the gap between business operations and the enormous potential of emerging technologies. ITM's staff of professionals design, adapt and integrate technology to (1) eliminate or reduce time-consuming information processing tasks, (2) assist executives to make more informed and timely decisions, and (3) achieve greater efficiency by extending internal information systems to customers, vendors, and strategic partners.

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Warning: date(): It is not safe to rely on the system's timezone settings. You are *required* to use the date.timezone setting or the date_default_timezone_set() function. In case you used any of those methods and you are still getting this warning, you most likely misspelled the timezone identifier. We selected the timezone 'UTC' for now, but please set date.timezone to select your timezone. in /home/dealiped/public_html/deal_view_acquisition.php on line 746

Warning: date(): It is not safe to rely on the system's timezone settings. You are *required* to use the date.timezone setting or the date_default_timezone_set() function. In case you used any of those methods and you are still getting this warning, you most likely misspelled the timezone identifier. We selected the timezone 'UTC' for now, but please set date.timezone to select your timezone. in /home/dealiped/public_html/deal_view_acquisition.php on line 746
Apr 23 '12
Feb 21 '15
This version submitted by Anonymous

 

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