NEW YORK, NY--(Marketwire - March 28, 2011) - Juma Technology Corp. (
"This acquisition helps Carousel accelerate the expansion of their managed services offering, broadening out their skill set by adding a talented team of individuals who are experts in IP-converged communications," said Anthony Servidio, Chairman and CEO of Juma. "We've been enjoying working with Carousel's team to ensure a smooth transition for the loyal and valued customers Juma's team has cultivated since 2002. The Juma team has been smoothly folded into the Carousel organization -- this is a wonderful outcome for everyone concerned."
"With the acquisition of Juma's managed services business, Carousel Industries significantly increases its footprint to serve customers in the northeastern United States while augmenting its engineering staff with additional talent," said Jeff Gardner, CEO of Carousel Industries. "This acquisition not only expands our geographic reach, particularly in the Northeast including the large New York City metro area, but also increases the strength of our engineering team."
Juma Technology will continue to serve as the holding company of Nectar Services, and will reinvest the proceeds of the sale of the managed services business into the Nectar real time IP communications events management platform.
"We are extremely proud to have recently signed and announced licensing and marketing agreements with a number of new channel partners including the Aura Alliance," Mr.Servidio continued. "With the sales of our own managed services business to Carousel, we are extremely well positioned to expand our sales, marketing and development efforts in support of all our channel partners. As businesses continue to seek out greater productivity tools and increased cost savings, Nectar's powerful monitoring and management platform drives significant advantages to our partners and their clients."
About Nectar Services Corp. (www.nectarcorp.com)
Nectar Services Corp. is an IP communications software firm specializing in managed services for voice and data networks. Nectar, a wholly-owned subsidiary of Juma Technology Corp. (
About Carousel
Carousel Industries designs, delivers and supports technology solutions that become the foundation of our clients' businesses. This includes unified communications, virtualization, Voice over IP (VoIP), video conferencing and collaboration and data infrastructure solutions. Since Carousel was founded in 1992 we've grown an average of 30% - 50% per year with estimated 2010 revenues of over $200 million. Today we have over 5,000 customers, including 35 of the Fortune 100. Carousel has been recognized by both VAR and CRN Magazines as one of the top technology integrators in the US and we've been listed in the Inc. 500 five times.
Carousel is headquartered in Exeter, RI with over 850 employees working from offices in 23 locations across the US, including over 250 service technicians deployed across the country. For more information visit www.carouselindustries.com.
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Nectar Services Corp.
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Cynthia Artin
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