May 21, 2003 -- (WEB HOST INDUSTRY REVIEW) -- OpSource, Inc. (opsource.net) announced today that it has acquired the managed services business of Space4Rent.com, LLC (S4R), a provider of colocation and managed IT services.
Under the terms of the agreement, OpSource will assume full responsibility for servicing the acquired company?s customers. These services will continue to be provided by S4R support teams as OpSource has agreed to hire on all of S4R?s employees.
?Because our companies share a common business model and a passion for delivering quality services, OpSource is able to transition S4R customers without changes or interruptions to services,? said Treb Ryan, CEO and co-founder of OpSource. ?We are able to quick and effectively combine our two operations, strengthening our business efforts in Southern California and creating an IT operations infrastructure services company with the scalability, focus and experience Global 2000 companies demand.?
OpSource is an IT infrastructure services provider headquartered in Santa Clara, California. The company has grown to more than 60 employees with operations in four U.S. metropolitan markets.
