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Managed Service Provider InterCloud to Acquire AW Solutions

April 10, 2013 • Watercooler Talk

“InterCloud Systems, Inc. (OTCBB:ICLD), an end-to-end solution provider of cloud and managed services, professional services, infrastructure and applications to the telecommunications industry, major corporations and governmental entities, announced that it has signed a definitive agreement to acquire AW Solutions, Inc. (AWS) of Longwood, Florida for an aggregate purchase price of $5,215,607.50, subject to certain adjustments, consisting of cash, promissory notes and InterCloud common stock, which such aggregate amount represents two and one-half times AWS’s reported EBITDA for the period from March 1, 2012 to February 28, 2013.

 

AWS provides professional services to the telecommunications industry, including network systems design, architectural and engineering services, program management, and other technical services.”  READ MORE:

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