SaalexIT, the information technology division of Saalex Corp. in Camarillo, has acquired managed service provider Valeo Networks for an undisclosed amount. Valeo is located in Scottsdale, Ariz.
The acquisition merges Valeo’s automation and engineering expertise with SaalexIT’s cybersecurity and cloud support services. It also widens Saalex’s service area to Arizona. The buyer is already active in California and New Mexico.
The acquired company will continue doing business as Valeo Networks and will retain its headquarters in Scottsdale.
Saalex Chief Executive Travis Mack said he’s excited to see the acquisition expand Saalex’s footprint to another Southwestern state.
“The acquisition of Valeo Networks will further enhance our nationwide capabilities and strengthen our skill sets in the areas of cloud services, cybersecurity, engineering, network securities and managed IT services,” Mack said in a statement.