Nv5 Acquires Red Technologies, Strengthens Data Center And Mission Critical Services In Asia Pacific
Acquiring Company
NV5
Acquired Company
Red Technologies
HollywoodManufacturingInformation TechnologyProfessional ServicesSustainabilityNatural ResourcesConsultingFacility ManagementConstructionBuilding MaintenanceDescription
NV5 Global, Inc. (the “Company” or “NV5”) (Nasdaq: NVEE), a provider of technology, conformity assessment, and consulting solutions, announced today that it has acquired Red Technologies, a provider of information technology and utility infrastructure services for mission critical data centers. Red Technologies clients include large international technology and financial services companies that depend on data centers and cloud services for their operations. The acquisition was made with a combination of cash and stock and will be immediately accretive to NV5’s earnings.
Quick answer
NV5 is acquiring Red Technologies, announced August 8, 2023. NV5 is based in Hollywood, Florida, United States.
- How much did NV5 pay for Red Technologies?
- The deal value was not disclosed.
- What does NV5 do?
- NV5 Global, Inc. (NASDAQ: NVEE) is a provider of technology, conformity assessment, and consulting solutions for public and private sector clients supporting sustainable infrastructure, utility, and building assets and..
- Where are NV5 and Red Technologies based?
- NV5 is based in Hollywood, Florida, United States.
Source: Fundz verified event record.
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Frequently asked
Who acquired Red Technologies?
Red Technologies was acquired by NV5, based in Hollywood. The deal was reported on August 8, 2023. NV5 Global, Inc. NV5 is privately held and operates in Manufacturing.
When did NV5 acquire Red Technologies?
NV5's acquisition of Red Technologies was reported on August 8, 2023. NV5 Global, Inc. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Red Technologies do?
Headquartered in Singapore, Red Technologies has performed specialized design, technical, and maintenance services for major international telecom operators and corporations and subject matter experts. It is privately held, operating in Consulting.
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