IRVINE--- MTI Technology Corporation Completes Acquisition of Collective Technologies
MTI Technology Corporation (NASDAQ:MTIC) , a multi-national information and infrastructure solutions provider, today announced it has completed its acquisition of the assets of Collective Technologies, a leading provider of enterprise-class IT infrastructure services and solutions, with over 90 consultants.
"MTI is extremely pleased to close this acquisition of Collective, which allows us to expand our consulting services organization, as well as our solutions portfolio, furthering our ability to respond to customers' requests for a single point of contact that meets their unique business needs," said Thomas P. Raimondi, Jr., president and chief executive officer for MTI. "Through this acquisition, we are continuing to deliver on our vision of transforming MTI into an industry-leading infrastructure solutions provider."
As a result of this acquisition, MTI customers will now be able to take advantage of an expanded solutions and services portfolio, which includes:
* Business Continuity (Disaster Recovery and Back-up and Recovery)
* Virtualization Technology
* Infrastructure Consolidation and Migration
* Mail & Messaging
* High Density Computing
* Data Storage Solutions and Assessments
* Systems Management
* Data Management, Migration & Consolidation
"Today's marketplace demands that all vendors become more services-oriented in order to meet their customers' growing information and infrastructure management demands," stated Doug Chandler, program director, IDC, a technology analyst firm. "As seen in today's announcement, MTI is reasserting its commitment to services as part of its growth path to the future."
MTI will operate Collective as a division of MTI, headquartered in Austin, Texas.
About MTI Technology
MTI is a leading multi-national provider of consulting services and comprehensive information infrastructure solutions for mid to large-size organizations. With more than 20 years of expertise as a technology innovator, MTI is uniquely qualified to assess, design, implement and support a broad range of information management and infrastructure initiatives. As a strategic partner of EMC (NYSE:EMC) , MTI offers the best data storage, protection and management solutions available today. By employing a strategic, consultative approach, MTI provides customers with a single point of contact that eliminates complexities while delivering operational efficiencies and competitive advantages. MTI currently serves more than 3,500 customers throughout North America and Europe. Visit www.mti.com for more information.