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Article: FutureLink Completes Acquisition of Computer Networks, Inc. of Pleasanton, Calif.
- Article from:
- Business Wire
- Article date:
- November 8, 1999
CopyrightCOPYRIGHT 1999 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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IRVINE, Calif.-(BUSINESS WIRE)--Nov. 8, 1999--FutureLink Corp. (OTC BB:FLNK), the leading Application Service Provider (ASP) with the largest installed base of application hosting platforms, today announced it has completed the acquisition of Computer Networks, Inc. (CNI). The acquisition of the Pleasanton, Calif. company establishes FutureLink as one of the world's largest companies implementing ASP platforms and hosted solutions.
The acquisition increases FutureLink's revenues by $7.5 million in 1999. As a result, annualised FutureLink revenues, including the completed acquisitions of CNI, Micro Visions of Irvine, Calif., and the announced acquisition of Async ...