New York, NY (PRWEB) July 7, 2010
MISI Company, the US IT staffing and experience design subsidiary of NTT DATA Corporation of Japan, announced the acquisition of Cue Data Services, Inc., a New England based IT Staffing firm. Terms of the deal were not disclosed.
MISI, with offices in New York, New Jersey, Pennsylvania and California; Cue Data, with offices in Massachusetts, Maine and Canada, combine to create an emerging leader in the North American IT services market. Together MISI and Cue Data serve Fortune 500 clients in the Financial Services, Pharmaceutical/Life Sciences, Government, Insurance, and Information Technology Industries.
Sarah Martin, President and CEO of MISI, said, “We are very excited to have the Cue Data team join forces with MISI. We look forward to providing an even greater breadth and depth of services to our combined client bases.”
Joe McCue, CEO of Cue Data Services, echoed Sarah’s comments. “Our corporate client base will benefit from the increased capabilities. We believe joining MISI is a terrific opportunity to broaden our business and improve our client offerings.”
Patrick Branagan, President of Cue Data Services, said, “The Cue Data team looks forward to the integration with MISI. We are fortunate, as the two companies complement each other extremely well and our core values are well aligned. I am excited about our future as part of MISI.”
Fairmount Partners, a leading technology and healthcare- focused investment bank, acted as the exclusive financial adviser to MISI Company.
MISI Company, Ltd., an NTT DATA Group company, provides experience design consulting services and technical staffing to a diverse client base on a global level.
MISI was founded in 1978 and became a wholly-owned subsidiary of NTT DATA Corporation in 1992. MISI’s services are delivered to Fortune 500 and mid-market clients from its offices in New York, New Jersey, Pennsylvania, and California.
With its team of staffing professionals, technology thought leaders, and experience design strategists, MISI has developed a strong reputation for providing both exceptional quality and excellent value.
Cue Data Services, Inc. is a global Information Technology staffing company with offices in Boston, MA, Portland, ME and Toronto, CAN. Cue Data’s client base focuses on Financial, Insurance and Public sector businesses. Cue Data provides technical specialists in numerous technologies and disciplines, including e-commerce, business analysis, legacy mainframe, network engineering, quality assurance, project management, systems analysis and programming, ERP/CRM, and others on the cutting-edge.
Fairmount Partners is one of the largest investment banking groups in the Mid-Atlantic region. The firm specializes in assisting businesses in mergers and acquisitions, capital raising and strategic advice. Fairmount completes most of its transactions in its key focus areas: IT and Business Services, Healthcare, Software and Technology, and Consumer and Industrial, and has completed transactions throughout North and South America, Europe and Asia.
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