OAM bought

Nitro Microsystems Inc. acquires Toronto-based OAM Network Solutions for an undisclosed sum. According to Nitro, the deal is part of its plan to become the largest independent managed services provider in Canada, giving the Ottawa company access to OAM’s clients in the GTA while broadening offerings to include OAM’s network security, IP-based telephony, and network storage and infrastructure management solutions. “We believe the market is ripe for continued Nitro_Microsystems.JPGconsolidation. Nitro is actively looking to grow its market share both organically and through additional acquisitions,” says Nitro CEO Larry Poirier. “OAM Network Solutions’s certifications, professional services expertise and client base complement Nitro and collectively promote our image as a national player with a strong local touch.” The company says it won’t cut jobs as a result of the acquisition, but rather it will add new sales and service positions due to anticipated growth. “We have seen a lot of change in the market over the past few years,” notes Mr. Poirier. “Companies who cannot adapt to the market conditions will likely suffer. As a forward-thinking company, Nitro Microsystems is always looking for ways to grow and better serve its customers.”

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