Lafayette-based Global Data Systems said it will acquire MidSouth Technologies of Lockport, a move that the company said will make it a premier provider of maritime communication services in the Western Hemisphere.
Terms of the deal were not disclosed, but it will bring together Global Data’s background in IP voice communications, data center/cloud, security and satellite communications services with MidSouth’s role providing security, technology and communications to the maritime, energy and transportation markets.
Chris Vincent, president of Global Data, said MidSouth’s experience in delivering specialized communications and vessel management will be valuable in continuing to grow its customer base.
“Our combined customers represent many global energy and maritime companies that have relied on us to connect their offshore operations with the rest of the world, when it matters the most,” Vincent said.
Global Data, which has about 90 employees, has offices in Baton Rouge, New Orleans and Houston. MidSouth, which has more than 20 employees, also has offices in New Orleans, Lake Charles and Houston.
Ned Fasullo, chief marketing officer for Global Data, said the deal will not lead to any layoffs. The anticipation is it could lead to additional hiring in the last six months of 2015, as customers begin to add additional services from both platforms, he said.
The deal is set to close in early April. MidSouth employees will become Global Data employees. Jeremie Mize, the founder of MidSouth, and other principals also will become part of Global Data.
Mize said he was excited to join Global Data, which he called a “seasoned and well-respected company.”
“Both companies compliment each other’s broad portfolio of services as well as offer unique integration solutions that together will result in never-before-seen technologies available to all of our clients,” he said. “We are confident that this merger will strengthen our product and service offerings while at the same time maintain our world-class quality of service.”
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