HP has signed a definitive agreement to acquire e-business solution provider Extreme Logic Inc. based in Atlanta. Subject to the terms of the agreement, including the satisfaction or waiver of certain closing conditions, Extreme Logic will be merged into a wholly owned subsidiary of HP and will operate as part of the HP Services organization.
A Microsoft Gold Certified Partner, Extreme Logic is a leader in the architecture and implementation of business solutions based on Microsoft .NET and delivers business value through a combination of deep technology expertise and result-oriented business process consulting.
The agreement to acquire Extreme Logic builds on other recent acquisitions by HP and furthers HP's Adaptive Enterprise strategy, which is designed to provide businesses a more flexible and extensive link between IT infrastructure and business priorities. Adaptive enterprises are looking to the development and deployment of Web services as a vital component of IT environments that can respond more quickly to rapidly changing business needs. Extreme Logic has a strong track record of deploying .NET technologies to financial services, healthcare, retail, e-government, manufacturing and telecommunications companies seeking to implement Web services to help manage and capitalize on change.
In addition to furthering HP's .NET expertise, Extreme Logic would add other innovative business services, such as e-learning, security and infrastructure for HP's vertical markets and would expand HP's presence in the southern and eastern United States.
Under the terms of the acquisition, HP will add approximately 200 Extreme Logic employees to its growing network of .NET consulting and service professionals.
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