Vancouver, B.C., Canada (April 1, 2011) – Clearlease.com Reports Hartco Inc. (TSX:HCI) is selling off a part of its business that provides cabling, Internet and related services in the Greater Toronto Area to a major Canadian cable services provider, the Information technology company announced Thursday.
Terms of the sale to Quebec-based Systemex Communications Inc. were not disclosed.
The deal involves the Advanced Connectivity Solutions division of Metafore Technologies Inc., a wholly owned Hartco subsidiary.
“The divestiture of the ACS division will allow Metafore to focus on strengthening its leadership position in its core IT infrastructure business across Canada,” said Pat Waid, Hartco’s president and chief operating officer.
“We are pleased to sell ACS to Systemex, who will invest in the ACS business and ensure its long-term success for the benefit of its customers and associates.”
Systemex president Gaston Dandurand said the ACS buy, along with the recent acquisitions of JP Cable and Labreche Telecom, “are strategic and consistent with our plan to expand as a significant player in Ontario and ultimately have a national coverage in servicing the wireless telecommunications industry in Canada.”
Hartco, through its operating divisions that together include more than 50 locations across Canada, delivers information technology solutions to private and public sector organizations of every size.
Systemex Communications Inc., a private company, offers a complete range of engineering, construction, installation and infrastructure maintenance to the wires and wireless telecommunications industry.
Hartco stock was up seven cents at $3.82 in afternoon trading Thursday on the Toronto Stock Exchange.
DLC Clearlease currently has the following employment opportunities available: http://clearlease.com/Career-Opportunities.html
About DLC Clearlease
Equipment Lease Financing in Vancouver, Surrey, Delta, Richmond, Langley, New Westminster, North Vancouver, West Vancouver, B.C. Also offering Automobile Lease Financing and Mortgage information. Founded by the Pidgeon brothers, DLC Clearlease is a free service that can qualify you for an automobile or equipment lease finance. You save time and effort by giving DLC Clearlease.com your information just once; DLC Clearlease has partnered with over 100 lenders to offer you the best rates and service, comparable to none. We offer a simple application process available at http://clearlease.com/How-to-Apply.html . You may have recently seen a Dominion Lending advertisement on such media outlets as: Global News, CTV News, CBC Television, Rogers Sportsnet or possibly heard the great Don Cherry, a Canadian Sports legend, discuss Dominion Lending Centres.
Contact DLC Clearlease.com:
Dominion Lending Centres Clearlease
HEAD OFFICE, Bentall Two, Suite 900, 555 Burrard Street, Vancouver, BC, V7X 1M8, CANADA.
Mr. Pidgeon, Editor
Tel: (604) 696-1221 ext. 177
eMail: [email protected]
Website: http://www.clearlease.com
News: http://clearlease.com/category/equipment-lease-blog/feed/rss
Twitter: @clearlease
###
Vancouver, B.C., Canada (April 1, 2011) – Clearlease.com Reports Hartco Inc. (TSX:HCI) is selling off a part of its business that provides cabling, Internet and related services in the Greater Toronto Area to a major Canadian cable services provider, the Information technology company announced Thursday.
Terms of the sale to Quebec-based Systemex Communications Inc. were not disclosed.
The deal involves the Advanced Connectivity Solutions division of Metafore Technologies Inc., a wholly owned Hartco subsidiary.
“The divestiture of the ACS division will allow Metafore to focus on strengthening its leadership position in its core IT infrastructure business across Canada,” said Pat Waid, Hartco’s president and chief operating officer.
“We are pleased to sell ACS to Systemex, who will invest in the ACS business and ensure its long-term success for the benefit of its customers and associates.”
Systemex president Gaston Dandurand said the ACS buy, along with the recent acquisitions of JP Cable and Labreche Telecom, “are strategic and consistent with our plan to expand as a significant player in Ontario and ultimately have a national coverage in servicing the wireless telecommunications industry in Canada.”
Hartco, through its operating divisions that together include more than 50 locations across Canada, delivers information technology solutions to private and public sector organizations of every size.
Systemex Communications Inc., a private company, offers a complete range of engineering, construction, installation and infrastructure maintenance to the wires and wireless telecommunications industry.
Hartco stock was up seven cents at $3.82 in afternoon trading Thursday on the Toronto Stock Exchange.
DLC Clearlease currently has the following employment opportunities available: http://clearlease.com/Career-Opportunities.html
About DLC Clearlease
Equipment Lease Financing in Vancouver, Surrey, Delta, Richmond, Langley, New Westminster, North Vancouver, West Vancouver, Calgary, Edmonton, Kerrisdale, Coquitlam, Abbotsford, B.C Also offering Automobile Lease Financing and Mortgage information. Founded by the Pidgeon brothers, DLC Clearlease is a free service that can qualify you for an automobile or equipment lease finance. You save time and effort by giving DLC Clearlease.com your information just once; DLC Clearlease has partnered with over 100 lenders to offer you the best rates and service, comparable to none. We offer a simple application process available at http://clearlease.com/How-to-Apply.html . You may have recently seen a Dominion Lending advertisement on such media outlets as: Global News, CTV News, CBC Television, Rogers Sportsnet or possibly heard the great Don Cherry, a Canadian Sports legend, discuss Dominion Lending Centres.
Contact DLC Clearlease.com:
Dominion Lending Centres Clearlease
HEAD OFFICE, Bentall Two, Suite 900, 555 Burrard Street, Vancouver, BC, V7X 1M8, CANADA.
Mr. Pidgeon, Editor
Tel: (604) 696-1221 ext. 177
eMail: [email protected]
Website: http://www.clearlease.com
News: http://clearlease.com/category/equipment-lease-blog/feed/rss
Twitter: @clearlease
###
Vancouver, B.C., Canada (April 1, 2011) – Clearlease.com Reports Hartco Inc. (TSX:HCI) is selling off a part of its business that provides cabling, Internet and related services in the Greater Toronto Area to a major Canadian cable services provider, the Information technology company announced Thursday.
Terms of the sale to Quebec-based Systemex Communications Inc. were not disclosed.
The deal involves the Advanced Connectivity Solutions division of Metafore Technologies Inc., a wholly owned Hartco subsidiary.
“The divestiture of the ACS division will allow Metafore to focus on strengthening its leadership position in its core IT infrastructure business across Canada,” said Pat Waid, Hartco’s president and chief operating officer.
“We are pleased to sell ACS to Systemex, who will invest in the ACS business and ensure its long-term success for the benefit of its customers and associates.”
Systemex president Gaston Dandurand said the ACS buy, along with the recent acquisitions of JP Cable and Labreche Telecom, “are strategic and consistent with our plan to expand as a significant player in Ontario and ultimately have a national coverage in servicing the wireless telecommunications industry in Canada.”
Hartco, through its operating divisions that together include more than 50 locations across Canada, delivers information technology solutions to private and public sector organizations of every size.
Systemex Communications Inc., a private company, offers a complete range of engineering, construction, installation and infrastructure maintenance to the wires and wireless telecommunications industry.
Hartco stock was up seven cents at $3.82 in afternoon trading Thursday on the Toronto Stock Exchange.
DLC Clearlease currently has the following employment opportunities available: http://clearlease.com/Career-Opportunities.html
About DLC Clearlease
Equipment Lease Financing in Vancouver, Surrey, Delta, Richmond, Langley, New Westminster, North Vancouver, West Vancouver, B.C. Also offering Automobile Lease Financing and Mortgage information. Founded by the Pidgeon brothers, DLC Clearlease is a free service that can qualify you for an automobile or equipment lease finance. You save time and effort by giving DLC Clearlease.com your information just once; DLC Clearlease has partnered with over 100 lenders to offer you the best rates and service, comparable to none. We offer a simple application process available at http://clearlease.com/How-to-Apply.html . You may have recently seen a Dominion Lending advertisement on such media outlets as: Global News, CTV News, CBC Television, Rogers Sportsnet or possibly heard the great Don Cherry, a Canadian Sports legend, discuss Dominion Lending Centres.
Contact DLC Clearlease.com:
Dominion Lending Centres Clearlease
HEAD OFFICE, Bentall Two, Suite 900, 555 Burrard Street, Vancouver, BC, V7X 1M8, CANADA.
Mr. Pidgeon, Editor
Tel: (604) 696-1221 ext. 177
eMail: [email protected]
Website: http://www.clearlease.com
News: http://clearlease.com/category/equipment-lease-blog/feed/rss
Twitter: @clearlease
###