Business
Aluf Holdings, Inc. Announces Closing Of Interaqt Corporation ("COLOTRAQ") Acquisition
Aluf Holdings, Inc. Announces Closing Of Interaqt Corporation ("COLOTRAQ") Acquisition.
About this update from Aluf Holdings, Inc.
[{"type":"text","content":"\n\n\n\nAluf Holdings, Inc. Announces Closing Of Interaqt Corporation (\"COLOTRAQ\") Acquisition\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n\n\n\n\n\n\nAluf Holdings, Inc. Announces Closing Of Interaqt Corporation (\"COLOTRAQ\") Acquisition\nPR Newswire\nHOLLYWOOD, Fla., April 30, 2019\n\n\n\nHOLLYWOOD, Fla., April 30, 2019 /PRNewswire/ -- Aluf Holdings, Inc. (\"AHIX\") (\"the Company\") (OTC PINK: AHIX) today announced it has acquired privately-held Interaqt Corporation (\"COLOTRAQ\"), the premier global sourcing advisory and master agency services for colocation, managed hosting, cloud and related network services.  Under the terms of the agreement, Interaqt (\"COLOTRAQ\") becomes a wholly-owned subsidiary of Aluf Holdings. Other terms of the transaction were not disclosed. This acquisition marks an enormous breakthrough milestone for Aluf and its stakeholders.\n\n \n \n\n \nCOLOTRAQ is the first and largest broker and master agency specializing in data center infrastructure (DCI) solutions with an unrivaled network of direct agreements with over 400 service providers across 140 countries and territories. Founded in 1999, COLOTRAQ has closed more than 3,000 deals representing over $100 million in annually recurring revenue for its vendor partners over the last 20 years. COLOTRAQ is the foremost global sourcing advisory firm of industry-first cloud-based software DCITRAQ. This proprietary solution allows clients, including Fortune 500 companies such as Amazon, IBM, E Bay, Panasonic, iTunes and government agencies such as U.S. Department of Homeland Security, U.S. Army and U.S. Department of the Interior, or their representatives, to easily source Cloud, Colocation and Connectivity, and Cybersecurity services worldwide.\n\"We are excited about this acquisition and the continued growth of the Aluf family of companies,\" says Teresa McWilliams, Aluf's Chief Financial Officer and Interim President/CEO.  \"COLOTRAQ is an amazing organization with a proven track record of providing high performance solutions and solid fundamentals for continued growth.\...