11:11 Systems completes acquisition of select IBM VMware Cloud Service Provider customers
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11:11 Systems completed the acquisition of select IBM VMware Cloud Service Provider enterprise customers, marking the company’s eighth VMware-related transaction. The move adds to the scope of services 11:11 Systems offers across multiple regions for VMware Cloud Service Provider customer support.
Broadcom said it had optimized its VMware Cloud Service Provider partners programme to improve customer outcomes. 11:11 Systems’ position in the VMware Cloud Service Provider channel was described in the release as it established an ability to support customer transitions to its platform.
The acquisition expanded 11:11 Systems’ global reach across North America, EMEA, APAC and South America. The company said it increased its ability to support complex enterprise migrations through an integrated portfolio of cloud infrastructure, connectivity, cyber resilience and recovery services, and referenced alignment among 11:11 Systems, IBM and Broadcom/VMware around service continuity and customer experience.
In the transaction, the release said Moelis & Company LLC and Fifth Third Securities, Inc. acted as financial advisors, and Cooley LLP served as legal advisor. Brett Diamond, CEO of 11:11 Systems, said, “Enterprises today are crossing the Rubicon into a new era of cloud, containers and private AI, and the path forward requires both fortitude and practical guidance,” and added, “11:11 Systems was built for that role. With our resilient platform, deep VMware and cloud expertise and global reach, we help customers modernise on their terms, protect the applications and data that matter most and make the infrastructure decisions today that turn into a competitive advantage in the future.” Ram Velaga, President, Infrastructure Software Group at Broadcom, said, “Broadcom’s Cloud Service Provider strategy is centred on partners that can deliver the operational discipline, technical expertise and enterprise scale our customers require,” and added, “11:11 Systems is a partner that reflects our model. With a global platform, extensive VMware experience, more than 6,000 customers and a portfolio spanning cloud, connectivity and security, they are well positioned to support enterprise customers as they modernise critical workloads utilising VMware Cloud Foundation.”
Press release, provided by Globe Newswire on behalf of 11:11 Systems. Read the original.