Digital Alpha Advisors has completed the asset acquisition of Unitas Global's Connectivity Business in an effort to enhance digital transformation for enterprise networks. Financial terms were not disclosed.
The company will operate under the name Unitas Global, continuing its focus on enabling customers to simplify and consume complex connectivity solutions globally.
“The acquisition of Unitas Global's Connectivity Business assets is a further demonstration of Digital Alpha's commitment to digital infrastructure and the next generation of networking,” said Rick Shrotri, managing partner at Digital Alpha. “We look forward to adding Unitas Global’s Connectivity Business assets to our portfolio and building on its already strong foundation.”
Following the transaction, Digital Alpha will become the controlling stakeholder of the Connectivity Business assets. The investment will enable new partnership opportunities with other key portfolio investments and