IceWEB (News - Alert), a provider of Unified Data Storage appliances for cloud and virtual environments, this week executed a Letter of Intent to acquire Computers and Tele-Comm (CTC (News - Alert)), Inc., a privately held technology company headquartered in Kansas City, MO. CTC owns and operates a data center, a wireless Internet service provider and a carrier-neutral Network Access Point (News - Alert).
"This acquisition positions IceWEB as a complete cloud services company," said Rob Howe, CEO of IceWEB, in a statement. "We will now be able to aggressively compete in the cloud computing space, which is estimated by Forrester Research to reach $55 Billion in 2014. This acquisition adds a major set of additional critical components, capabilities and extensions to those solutions, beginning with our own fully secure, powerful, and expandable datacenter."
CTC founder and chief technology officer Graeme Gibson (News - Alert) stated that this acquisition is the "culmination of years of hard work," adding that the two companies are very compatible. He went on to say that IceWEB's data storage hardware and software, as well as its advanced capabilities in BYOD and the cloud are a perfect match with CTC's NAP's routing power and the expandability of its data center.
IceWEB recently launched its latest product, IceBOX. IceBOX is a private cloud storage device that features high security with forced passcode, data erase options and 256-bit encryption. IceBOX is capable of integrating with LDAP or Active Directory authentication and features a broad range of device support, including the iPhone and iPad, Android (News - Alert) phones and tablets, Blackberry, Windows, Windows Mobile and Kindle.
The company has seen a lot of interest in IceBOX since its launch, securing its first university customer, Virginia State University, at the end of February. The solution includes a 16TB IceWEB Unified Storage Appliance.
That same month, a faith-based not-for-profit became an IceBOX customer, building upon a 500 user license BYOD rollout.