March 24, 2002 -- ClearBlue Technologies has agreed to acquire the assets of Nacio Systems, and plans to integrate Nacio's suite of managed services into its 21 data centers nationwide.
The deal marks the second acquisition by ClearBlue, the recently renamed operating unit of BJK Investments, which bought the former COLO.COM's chain of data centers last September.
As with COLO.COM, Nacio is in chapter 11 bankruptcy. The acquisition is subject to the approval of the bankruptcy court.
"This strategic move into the managed services market will place ClearBlue at the forefront of technology management bringing colocation, regional, and additional services to our customers for a complete outsourced IT offering," said Mark Lambourne, president of ClearBlue.
Nacio will remain in Novato, California, and ClearBlue has no plans to discontinue operations or reduce staff, Lambourne said in a letter to customers on the company's web site.
"ClearBlue Technologies has solidified the foundation for a prominent entrance into the managed services market," said Lambourne. "I am confident that our national footprint, our global expertise and our financial stability will position us for further success as we expand our acumen into other areas and continue to develop positive alliances."
Founded in 1994 as MasterLink USA, Nacio Systems initially focused on systems integration and software. In 1996 it moved into providing businesses with Internet access and related services. MasterLink changed its name to NACIO Systems in June 2000.
ClearBlue Technologies is a wholly-owned subsidiary of BJK Investments, Inc. Based in San Francisco, ClearBlue manages 21 carrier-neutral data centers in key cities around the US.