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Evolve IP Acquires Paragrid

Continues national expansion while adding data centers, technologies and enterprise consulting services to its OneCloud offering

Evolve IP has acquired Paragrid, an Inc. 5000 cloud services company headquartered in Cleveland, Ohio. The strategic acquisition is part of Evolve IP's national expansion plans and complements its current presence in the Midwest market.

Guy Fardone, Chief Operating Officer and General Manager of Evolve IP, stated "M&A remains a key part of our national expansion strategy, and with this acquisition, Evolve IP gains new enterprise customers, consulting services and world class data centers to support our Midwest market. We continue to seek more companies that are interested in growing with Evolve IP."

Founded in 2008, Paragrid is a cloud computing provider with a product set that compliments Evolve IP's current portfolio of cloud computing services. Paragrid's services, including virtual servers, managed and consulting services, disaster recovery and virtual desktops, are deployed with a national customer base that consists of corporate, healthcare, higher education and government organizations.

"Our customers will immediately gain access to new cloud services while continuing to receive the same exceptional support Paragrid has always provided, noted Ryan Berg, President of Paragrid. "With the added resources of Evolve IP behind us, our team expects to materially grow the Midwest market."

Evolve IP provides organizations with a unified option for cloud services with its Evolve IP OneCloud™ solution. Today, tens of thousands of users in the US and globally depend daily on Evolve IP for virtual data centers /servers, virtual desktops, unified communications, disaster recovery, contact centers, and more. For more information about Evolve IP's suite of cloud services, visit www.EvolveIP.net. For more discussion about how cloud services can improve business, visit Cloud IQ.

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