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Velocity Technology Solutions, Inc.
Velocity Acquires Lawson & Kronos - Managed Application Services Business of NaviSite
(New York, NY, February 25, 2010) - Velocity Technology Solutions, Inc., a
leader in enterprise software application management, hosting, and consulting
services, has acquired the Lawson and Kronos hosting business (formerly
NetASPx, Inc.) from NaviSite, Inc. (NASDAQ: NAVI). The acquisition makes
Velocity the largest provider and clear market leader for Lawson-hosted
solutions in North America.
Velocity's Press Release / NaviSite's Press Release
Velocity is a leading application service provider that delivers enterprise software functionality through a secure private cloud platform. Velocity's clients benefit from hosted, fully managed environments for their ERP and related software applications; guaranteed availability, security and compliance; and certified consulting resources. Velocity's proprietary delivery system for software hosting, Velocity On-Demand™, brings scalable computing and fully managed services for mission critical IT systems and sensitive data.
Velocity is a long-standing Partner with Lawson Software providing
services for our customers in both managed services and professional
services. The company provides support for Lawson's full suite of
applications and complementary interfaced products provided by 3rd
party vendors. How do we do it? We uniquely combine functional and technical application management, technical infrastructure and hosting powered by Verizon™ to deliver 24-hour operational excellence from one source. Velocity On-Demand™ eliminates software upgrades and the disruptions, extra costs and complications that go with them. We invite you to explore our site where you'll discover 'it simply works' is more than just a slogan; it's our service promise to you. |