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CBE Technologies Sells Government and Education Division: Forms CBE Managed IT to Service Core SMB Customers.


BOSTON -- CBE CBE Commander of the Order of the British Empire (a Brit. title)

CBE n abbr (= Companion of (the Order of) the British Empire) → título de nobleza

CBE n abbr (=
 Technologies, a leading provider of managed IT services to the small and mid-sized business, education, and government markets, announced today that it sold its government and education business division to Gores Equity, LLC (Logical Link Control) See "LANs" under data link protocol.

LLC - Logical Link Control
. As part of the transaction, the company also sold its remote office operations located in Maine, New Hampshire New Hampshire, one of the New England states of the NE United States. It is bordered by Massachusetts (S), Vermont, with the Connecticut R. forming the boundary (W), the Canadian province of Quebec (NW), and Maine and a short strip of the Atlantic Ocean (E). , Rhode Island Rhode Island, island, United States
Rhode Island, island, 15 mi (24 km) long and 5 mi (8 km) wide, S R.I., at the entrance to Narragansett Bay. It is the largest island in the state, with steep cliffs and excellent beaches.
 and Connecticut to Gores Equity. The financial terms of the sale were not disclosed.

The sale of the government and education division followed the company's decision to focus on the core business of providing OneStop Managed IT services and unified voice and data solutions to small and medium-size businesses (SMB (1) (Small to Medium-sized Business) Also called "SME" (small to medium-sized enterprise), it refers to companies that are larger than the small office/home office (SOHO), but not huge. ). The SMB division will operate as CBE Managed IT and will continue to be led by CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board.  and Chairman Peter Cowie and President Andrew Lally. In addition, CBE Managed IT will also operate and grow its existing channel services division providing packaged IT services to national resellers serving SMBs throughout the US.

"CBE Technologies has built two strong businesses - one serving the public sector and the other serving the SMB market See SMB.  with OneStop Managed IT services," said Peter Cowie. "However, the business models and resources required to sustain and build upon this success for these two divisions were becoming increasingly divergent. This move allows both businesses to focus exclusively on the specific needs of each market, ensuring that our respective customers receive the best possible IT services and solutions."

CBE Managed IT will base its operations out of its 10 City Square, Boston corporate offices. The main phone number is 617-514-1700 and the website url is www.cbemanagedit.com.

Under Gores Equity's ownership, the government and education business will continue to operate as CBE Technologies and will be run by George Mellor, president and former vice president of operations of CBE Technologies.

Both companies will work closely together during the transition to ensure all customers continue to receive services without any disruption and will continue to work as trusted business partners after the transition period.

About CBE Managed IT

CBE Managed IT, headquartered in Boston, is a leading provider of managed IT services to the small and medium-size business market. The company offers a comprehensive suite of Managed IT and Unified Communications The real time redirection of a voice, text or e-mail message to the device closest to the intended recipient at any given time. For example, voice calls to desk phones could be routed to the user's cellphone when required.  solutions that include system design, integration, support, remote monitoring (protocol) remote monitoring - (RMON) A network management protocol that allows network information to be gathered at a single computer. Whereas SNMP gathers network data from a single type of Management Information Base (MIB), RMON 1 defines nine additional MIBs that provide a , and proactive system maintenance. These managed solutions provide "always-on" reliability, 24x7 support, and predictability through our OnePrice model that fixes the cost of technology support at a price small and medium-size organizations can afford. CBE also enables technology resellers, manufacturers, and software vendors to provide their small and mid-sized customers with a complete suite of onsite and remotely managed IT services 24/7 throughout the US, either as a co-branded or private labeled offering.

For more information contact:

CBE Managed IT

10 City Square

Boston, MA 02129

Telephone: 617-514-1700

Web site: www.cbemanagedit.com
COPYRIGHT 2008 Business Wire
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Copyright 2008 Gale, Cengage Learning. All rights reserved.

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Publication:Business Wire
Date:Apr 8, 2008
Words:470
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