21 November 2019 Source:
21st November, Hertfordshire, UK: Boston Limited has joined hands with 2CRSi in an alliance that creates incredible value for both parties. Boston, an internationally recognised value-added Distributor and Systems Integrator, along with the 2CRSi group, who focus on manufacturing of high performance IT servers and solutions create a veritable tour-de-force in this advanced computing market. Under the terms of the agreement, 2CRSi becomes a 70% shareholder in Boston Limited, thereby enabling the joint group to realise its growth potential in current and new markets and to diversify its customer base.
Founded in 1992 Boston has grown organically being profitable in every year since inception. The company employs 170 staff globally and ships to over 40 countries. The announcement allows Boston and 2CRSi to cross over each other’s portfolio of product to deliver state of the art, high-quality solutions with services to match across the globe.
Boston carries a number of the highest industry accreditations and awards that position it among the elite in the industry. Boston’s accreditations include ISO 9001:2015 / 14001:2015, Intel Platinum Partner for HPC and Datacentre, AMD Elite Partner, NVIDIA Elite Provider, Mellanox Distributor, IBM Business Partner and Storage Innovation Company of the Year (Storage Awards 2019). In addition, Boston has been a pivotal partner with Supermicro Computer Inc. and are awarded as “The Best Global Strategic Alliance & Partnership”.
“This announcement marks an important moment in the ongoing growth of our organisation, and a milestone in the company’s history, elevating us to a new level in the industry,” said Manoj Nayee, Managing Director of Boston Limited. “As a group, we have aggressive expansion plans, and this acquisition will enable us to have the right balance of resources to make sure we continue to deliver the best quality of product and service, at the right price for our customers”.
Through the acquisition both companies will benefit from major commercial synergies, enabling them to scale their businesses and develop greater profitability for stakeholders. Boston and 2CSRi will continue to meet the needs of both new and existing customers, vendors, and suppliers across a multitude of industries and deliver on technology requirements from the edge to the datacentre.
Alain Wilmouth, Founder, Chairman and CEO of 2CRSi concludes; “I am delighted to welcome Boston Limited as part of the 2CRSi group. Boston has achieved excellent growth since its founding in 1992, is home to remarkable technical resources and is a brand that is recognised internationally for quality, performance and reliability. This week the senior management teams for Boston and 2CRSi are meeting at SC19 in Denver where I look forward to building on the opportunities that lay ahead for our employees and partners.”
Boston’s founders and directors Manoj Nayee and Dev Tyagi will remain active in the daily operation of the company over the coming years with a plan to propel the business into new markets.
Maz Lopez - Head of Marketing
+44 (0) 1727 876 100
Boston Limited has been providing cutting edge technology since 1992 using Supermicro® building blocks. Our high performance, mission-critical server and storage solutions can be tailored for each specific client, helping you to create your ideal solution. From the initial specification, solution design and even full custom branding – we can help you solve your toughest business challenges simply and effectively. Visit the Boston website, blog, LinkedIn and Twitter pages.
Founded in Strasbourg (France), 2CRSi group develops, produces and sells ultra high-performance sell customised and environmentally-friendly servers. In 2018, 2CRSi generated a turnover multiplied by 2.1 to 65 M €. With the integration of Boston Limited acquired in November 2019, the Group has 320 employees and the offer of innovative solutions (processing, storage and network) is now distributed in more than 45 countries. 2CRSi has been listed since June 2018 on the regulated market of Euronext in Paris (ISIN Code: FR0013341781). For further information please visit: www.2crsi.com
Valérie Bouleau - Chief Financial Officer
+33 (0)3 69 73 81 30
Victoire Demeestère - Financial Communications
+ 33 (0)1 56 88 11 24
Jennifer Julli - Financial Press Relations
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