MCI Agrees to Acquire Totality
02 August 2005 - 10:00PM
PR Newswire (US)
MCI Agrees to Acquire Totality ASHBURN, Va., Aug. 2
/PRNewswire-FirstCall/ -- MCI, Inc. (NASDAQ:MCIP) today announced
that it has agreed to acquire Totality Corp., a San Francisco-
based provider of remote managed services for business-critical
applications and infrastructure. The transaction is expected to
close within 45 days and terms were not disclosed. "With this
acquisition, MCI is able to combine its core hosting capabilities
with proven expertise in the applications management space, further
accelerating its ability to keep pace with enterprise and business
customers as they transition to IP," said Jonathan Crane, MCI
executive vice president and chief strategy officer. "This
combination will enable MCI to deliver more fully integrated
communications services to customers, while better supporting their
advanced IP and complex IT requirements." The acquisition builds on
MCI's expertise in managing applications within its Enterprise
Hosting business, extending MCI's managed hosting capabilities to
provide application management support outside of MCI-managed
hosting centers. With Totality's capabilities, MCI will be able to
manage and monitor a customer's applications no matter where they
are hosted, resulting in the delivery of integrated communications
services from the network to the application layer to more fully
support critical customer processes and applications. About MCI
MCI, Inc. (NASDAQ:MCIP) is a leading global communications
provider, delivering innovative, cost-effective, advanced
communications connectivity to businesses, governments and
consumers. With one of the most expansive global IP backbones and
wholly-owned data networks, MCI develops the converged
communications products and services that are the foundation for
commerce and communications in today's market. For more
information, go to http://www.mci.com/. DATASOURCE: MCI, Inc.
CONTACT: Brittany Feinson of MCI, Inc., +1-800-644-NEWS Web site:
http://www.mci.com/
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