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IDC Sets Sights on Storm, CDS

IDC Sets Sights on Storm, CDS

Ottawa-based broadband satellite datacasting company, International Datacasting Corp., plans to acquire two companies in a stock and cash deal worth approximately (U.S.) $2,719,608.
The two companies, also based in Ottawa, are Storm Internet Services. They operate broadband wireless Internet networks and CDS/Prometheus, a designer and installer of wireless network products, firewalls, LANs and WANs.
Their products will help IDC pursue hybrid broadband “last mile” opportunities.
IDC President/CEO Ron Clifton said the acquisition will also strengthen its local base of operations for systems integration and service, and provide product lines for international customers.
For information from IDC, visit its Web site at www.intldata.ca
Chris Joaquim

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