Presidio Completes Acquisition Of INX Inc.

VARINDIA- INDIA'S FRONTLINE IT MAGAZINE

Presidio Inc. has unveiled that it has completed its previously announced acquisition of INX Inc. In accordance with the terms of the definitive agreement, which was announced on November 1, 2011, Presidio has claimed to acquire all outstanding common stock of INX. Going forward, INX is said to operate as a subsidiary of Presidio Networked Solutions, Inc., and is expected to no longer be a publicly traded stock on the NASDAQ exchange. Presidio, Inc. is owned by American Securities LLC and management.

Presidio is now said to employ more than 1,800 IT professionals operating out of over 45 offices across the United States as a result of the acquisition. Presidio claims to offer clients unparalleled access to world-class consulting, engineering and technical resources.



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