May Marked Major Tech Acquisition; iV4 Becomes “iV4, a ProArch Company”
Two great companies have come together. ProArch, a global cloud consulting and product engineering company, acquired Rochester-based iV4 last month.
The two businesses, separately, complement each other: ProArch’s strengths are in product engineering, data and cloud services, while iV4’s strengths are in managed services, networking, cloud architecture and cybersecurity.
With the acquisition, iV4 became iV4, a ProArch Company.
There are leadership changes as a result of the acquisition: Santosh Kaveti, ProArch’s current CEO will continue in that position. iV4’s current CEO Michael Spoont will serve as president of ProArch and CEO and President of iV4, a ProArch Company.
“This big step is about growth and the next generation of iV4,” Spoont said. “By joining together, iV4 and ProArch will form a powerful force in cloud consulting, cybersecurity, data science and product engineering. The blending of capabilities will complement one another and allow us to compete on a higher, more scalable level moving forward. We will now have a comprehensive solution stack service offering fully enabled to design, execute and support cloud-first, data-driven business transformation for our clients. While this is a big change for our organization, there will be new individual opportunities for everyone to also grow.”
ProArch is headquartered in Atlanta, with offices in London, India and Singapore. It has 215 employees and more than 200 clients around the globe. In 2019, ProArch started looking for a firm to complement its business strengths, address current gaps and establish a greater US presence. iV4 was that firm.
“We are excited considering incredible prospects this acquisition will bring to the combined organization, our clients, and our people,” Kaveti said. “ProArch and iV4 together have a thriving story in the making in the areas of Cloud, Data, Artificial Intelligence, Product Engineering, and Security. Joining forces with iV4, for us, is all about growth and opportunities.”
iV4 and ProArch share a sense of values, a similar ethical approach to doing business and strong similarities from a workplace culture standpoint. The joining of the two companies is a great business fit, collaboration and opportunity, both leaders said in an email to their employees and customers.
“We started our roots as a small company headquartered in Syracuse with a half-dozen people,” Spoont said. “The 2011 merger with Integrity Networks System took us to the next level. We’ve experienced double-digit growth over the past several years and we’re continuing that journey of growth and evolution now with ProArch. It has been quite a journey and we have certainly evolved over that time. Our commitment to our team and our clients is stronger than ever.”
Together, ProArch and iV4 are:
- In 4 countries
- Almost 300 people strong
- Among the most recognized Microsoft Partners
- A powerful force to reckon with in cloud consulting, cybersecurity, data science, managed services, application development and product engineering
About iV4, a ProArch Company
For more than 20 years, Rochester-based iV4 has evolved from on-premise hardware to today’s complex cloud, security and compliance technology landscape. With offices also in Syracuse and Buffalo, New York, iV4 is an innovative, award-winning and recognizable information technology consulting, security, cloud and managed services company whose mission is to develop true partnerships with its clients by aligning custom technology solutions with business strategies that drive innovation and growth. iV4 enables each customer to modernize, protect and grow their business by seamlessly aligning business goals and processes with comprehensive technology solutions that increase productivity, reduce costs and mitigate risk.
About ProArch
Headquartered in Atlanta, with offices in London, India and Singapore, and more than 200 clients around the globe, ProArch is a global cloud consulting & engineering firm. It offers cloud consulting, data platform, data science, application development, product engineering and value-driven delivery. ProArch provides a holistic solution to product development and helps companies design and execute their most challenging digital transformations in the cloud by integrating cutting-edge technologies and services into all areas of the business. For more information, visit proarch.com.
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