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Monday, May 29, 2023

Conejo Valley IT Firm Gains Scale With Acquisition

Technology company ISSquared has acquired Starnet Data Design in a move that allows the Conejo Valley company to expand its product and service offerings. Financial terms of the deal between ISSquared, in Newbury Park, and Starnet Data, in Westlake Village, were not disclosed. ISSquared provides networking, security and cloud-based computing services to industries that include biotech, higher education, financial services and construction. Starnet Data Design provides enterprise IT support and networking solutions. The Starnet acquisition is the first one by ISSquared since starting in 2010. Chief Executive Bala Ramaiah said the company was excited to welcome the Starnet employees and the customer relationships they have nurtured over three decades in business. “Our top priority is to ensure that Starnet’s customers can quickly leverage the capabilities and software offerings that ISSquared’s customers enjoy today,” Ramaiah said in a statement.

Mark Madler
Mark Madler
Mark R. Madler covers aviation & aerospace, manufacturing, technology, automotive & transportation, media & entertainment and the Antelope Valley. He joined the company in February 2006. Madler previously worked as a reporter for the Burbank Leader. Before that, he was a reporter for the City News Bureau of Chicago and several daily newspapers in the suburban Chicago area. He has a bachelor’s of science degree in journalism from the University of Illinois, Urbana-Champaign.

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