One Source Networks, a managed voice, data and cloud services provider, has struck an agreement to buy OuterNet, a cloud managed solutions provider, based in Austin.
The San Antonio-based company did not provide the details of the sale but reported it’s expected to close in the next month.
The deal also includes OuterNet’s 10,000 square foot data center in Austin. One Source Networks has data centers in Greensboro, N.C., Dallas, Chicago and Los Angeles.
“We are very excited about what this acquisition will mean for our customers, and the OSN and OuterNet team members,” Ernest Cunningham, CEO, One Source Networks, said in a news statement. “OSN and OuterNet have worked together for the past three years to deliver managed network services to our enterprise clients. The OuterNet team has a deep level of technical expertise and talent which will be a valuable asset for our customers, and their hands-on, customized approach to enterprise networking meshes perfectly with OSN’s. The combined capabilities will allow us to deliver even greater value and innovation to enterprises.”
The San Antonio Business Journal reports that OuterNet, founded in 1994, has 22 employees while One Source Networks has 45 employees.