World Data Products acquires Infinity Data Solutions
Nov 01, 2013 (MarketLine Financial Deals Tracker via COMTEX) --
World Data Products, Inc., a provider of refurbished information technology (IT) hardware products including servers, storage and networking equipment, has acquired Infinity Data Solutions, LLC, a portfolio company of Prospect Partners, LLC. All the entities are based in the US.
Infinity Data Solutions is a provider of magnetic media tape and data eradication services, while Prospect Partners is a private equity firm.
Deal Type Acquisition
Sub-Category Majority Acquisition
Deal Status Completed: 2013-10-31
Target (Company) Infinity Data Solutions, LLC
Acquirer (Company) World Data Products, Inc.
The acquisition allows World Data Products to increase its presence in the data storage market.
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