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PTP Acquires Protocol Networks to Bolster Managed Services Depth for Life Sciences Clients


News provided by

PTP

Feb 18, 2025, 09:00 ET

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PTP, a leader in cloud and managed services for the life sciences industry, is excited to announce the acquisition of Protocol Networks, a long-standing quality provider of managed IT services and IT consulting.

NORWOOD, Mass., Feb. 18, 2025 /PRNewswire-PRWeb/ -- PTP, a leader in cloud and managed services for the life sciences industry, is excited to announce the acquisition of Protocol Networks, a long-standing quality provider of managed IT services and IT consulting. This strategic acquisition strengthens PTP's ability to deliver tailored, high-performance managed solutions to its growing portfolio of biotechnology clients, supporting their unique user and system needs.

With the biotech industry experiencing rapid innovation, organizations face increasing challenges in managing complex IT infrastructures, processing and analyzing scientific data, ensuring compliance with stringent regulations, and securely handling sensitive data. The integration of Protocol Networks' expertise in IT managed services with PTP's deep knowledge of cloud technologies positions the combined entity as a trusted partner for biotech companies seeking scalable, secure, and compliant IT solutions.

"The addition of the Protocol Networks team is an important step forward in our mission to help life sciences companies get their treatments and therapies to market faster," said Ethan Simmons, President of PTP.

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"The addition of the Protocol Networks team is an important step forward in our mission to help life sciences companies get their treatments and therapies to market faster," said Ethan Simmons, President of PTP. "Their strong customer loyalty and low turnover are a testament to the exceptional quality of service and value they provide. This acquisition aligns perfectly with our commitment to long-term partnerships and sustainable growth, ensuring continued excellence for customers and employees alike."

The combined team of life sciences-focused cloud and managed services experts will work together to ensure a smooth transition for existing clients of both companies. Protocol Networks' operations will continue uninterrupted, and PTP plans to integrate its services into a unified platform to deliver enhanced value to customers.

"Joining forces with PTP is an exciting opportunity for both our team and our customers", commented Protocol Networks CEO, Dave Neveux. "Their life sciences and cloud managed services expertise, overall resources, and shared commitment to exceptional service will empower our people with new opportunities for growth while enhancing the solutions we deliver to our clients. We are confident that this partnership will bring long-term value and continued success for everyone involved."

About PTP

PTP is a leading provider of cloud consulting and managed services, helping businesses leverage cloud technology to achieve their strategic goals. With deep expertise in AWS, PTP specializes in delivering secure, scalable, and compliant solutions for the biotechnology industry.

About Protocol Networks

For over two decades, Protocol Networks has been at the forefront of providing exceptional IT managed services to organizations up and down the East Coast and globally. Protocol's flexibility and adaptability set us apart from other Managed Service Providers (MSPs). We don't believe in cookie-cutter solutions; instead, we strive to customize our services to meet the unique needs and challenges of each client.

Media Contact

Gary Derheim, PTP, 1 617-297-9670, [email protected], https://ptp.cloud 

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SOURCE PTP

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