Intercloud Systems to acquire IPC-NY InterCloud Systems announced the execution of a definitive agreement to acquire Integration Partners-NY Corporation. IPC-NY serves both corporate enterprises and services providers, and is expected to support the company's cloud and managed services capabilities. IPC-NY has enterprise and service provider customers and will help distribute the company's cloud platform to its new and existing customers. IPC-NY is expected to have 2013 gross revenues of approximately $25M and 2013 net income of approximately $3.5M. The company expects to close the acquisition of IPC-NY no later than December 31.
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