CXtec Stakes Position in Secondary Market Through Atlantix Acquisition

CXtec, a Syracuse, NY-based integrator, has announced the acquisition of Atlantix Global Systems, a reseller of new, reconfigured and refurbished IT equipment located in Norcross, Georgia.

“We believe this acquisition creates an industry-leading and dynamic organization that places us in a position to maximize the market,” said CXtec CEO Peter Belyea. “The addition of Atlantix accelerates our growth strategy by adding server/storage products to our equal2new brand, strengthening our RapidCare offering, and allowing us to enter the enterprise IT asset disposition (ITAD) space.”

Belyea will be the CEO of the combined company, which will retain its world headquarters in Syracuse. Brian Glahn will remain President of Atlantix, whose operations will continue in Atlanta, focusing on the expansion of its server/storage and ITAD segments.

Terms of the transaction were not announced.

Channel Impact^®
Both sides expect to gain synergies intended to help extend the customer base and also to gain traction in new market segments.