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Business Wire

11:11 Systems to Acquire Green Cloud Defense, One of the Largest U.S. Cloud IaaS Providers

FAIRFIELD, N.J.–(BUSINESS WIRE)– #PE–11:11 Systems, a managed infrastructure solutions provider, announced today that it has entered into a definitive agreement to acquire Green Cloud Defense (“Green Cloud”), one of the largest independent channel-only cloud Infrastructure-as-a-Service (IaaS) providers in the United States. The acquisition is expected to be final by the end of the year. McKinsey estimates that Cloud could deliver more than $1 trillion in EBITDA value across the Fortune 500 by 2030

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