Under the terms approved by the bankruptcy court, NaviSite has acquired assets and certain liabilities totaling approximately $5.7 million dollars. The amount is adjusted from the original figure of $6.2 million announced last week.

"Interliant's messaging application offerings will add a compelling component to NaviSite's enterprise product portfolio," said Arthur Becker, CEO of NaviSite. "We are excited about the potential that Interliant's expertise and services can offer to our existing customers, as well as the benefits that our capabilities can provide to the Interliant customer base."

In the last several months, NaviSite has also announced the acquisition of three other companies: ClearBlue Technologies Management, Inc. in late December; Avasta, Inc., in early February; and, most recently, the acquisition of Conxion Corp, in April.

NaviSite is an Andover, Massachusetts-based provider of application and infrastructure management services. Its services include co-location hosting, bandwidth, and content and software delivery.

Based in Purchase, New York, Interliant is a managed infrastructure provider, specializing in managing corporate e-mail, messaging and collaboration applications. Interliant began as an ASP and moved full force into Web hosting after being purchased by Sage Networks in March of 1999 - the same year it went public. Interliant filed for bankruptcy protection on August 5, 2002 and continues to restructure its operations. As a part of its reorganization efforts, it has shed several segments of its Web hosting division.