CloudScale365, Inc., a cloud hosting services company, and FuturTech Consulting, LLC, an IT consulting and application development firm announced that the companies have merged to create a full service IT cloud solutions company.
The combined company will support more than 3,100 customers and plans an expansion in Delaware.
“We are pleased to join with a company who shares our commitment to the communities we serve, client successes and our dedicated employees,” stated Pat Hannon, CloudScale365 chief operating officer.
FutureTech’s offices are in north Wilmington and New Castle. CloudScale365 has offices in Jericho, NY and Nashville.
Michael R. Nardo, FuturTech Consulting CEO and founder stated, “The merger makes our companies stronger providing expanded resources and services that will be a tremendous benefit to our clients, and more growth opportunities for our employees; a real win-win for everybody.”
More than a dozen new full-time business development, engineering and customer service jobs will be created at the Delaware location and the company will continue working closely with local universities to provide valuable opportunities to students.
Nardo, FuturTech Consulting CEO will transition to the CloudScale365 board of directors as a result of the transaction. The CloudScale365 senior management team will combine leaders from both companies
Financial terms of the transaction were not disclosed.