Logicalis Group acquires Netarx, plans more hiring

The U.S. arm of Logicalis Group, based in Farmington Hills, has acquired Auburn Hills-based Netarx in a deal that merges two of the region’s rapidly growing IT firms.Logicalis specializes in IT and communications, employing 550 people across the U.S., including about 100 employees and a few interns in Farmington Hills. Netarx has a staff of 220 people, 200 of which are in Michigan. All of those jobs will be safe. In fact, Logicalis expects to continue hiring for both its own staff and Netarx this year as it aims to expand both its own IT specialities and those of Netarx.”Netarx is the leading IT networking company in Michigan,” says Greg Baker, CFO of Logicalis. “We’ve known about its leadership for a number of years and wanted to take advantage of it.”Netarx also has a rich expertise in collaborative IT work and a service desk that Logicalis plans to take advantage of by doubling the staffing from 50 to 100 people over the next couple of years. But most of all, the merger made sense because the cultures of the two companies mesh so well.”These people are a great fit for our culture with their Midwest work ethic and attitude,” Baker says.Source: Greg Baker, CFO of LogicalisWriter: Jon ZemkeRead more about Metro Detroit’s growing entrepreneurial ecosystem at SEMichiganStartup.com.