Company expands market reach with the acquisition.

mindSHIFT Technologies, Inc., a provider of managed IT and VoIP services, today announced that it has acquired Collaboration Online, Limited Company, a privately owned, fast growing provider of Software-as-a-Service solutions to small and mid-sized businesses. The company states that Collaboration Online does business under multiple brands such as groupSPARK and AgileWave CRM selling hosted Microsoft Exchange Server, Windows SharePoint Services and Microsoft Dynamics CRM.

The company states that Collaboration Online also markets its hosted SaaS offering as a private label service through a strong reseller channel. These resellers are able to market the company's hosted services under their own brands using the company's state-of the-art Private Label Application Delivery platform. The company adds that PLAD platform enables channel partners to resell the services as part of their own product offering, saving hundreds of thousands of dollars in development and support costs.

"Collaboration Online dramatically expands our market reach," said mindSHIFT Chairman and CEO Paul Chisholm. "We are now able to provide small and mid-size businesses with additional enterprise-class messaging and collaboration tools which will assist them in increasing growth and corporate productivity. It also enables us to expand our geographic reach considerably."

"We are delighted to join forces with mindSHIFT, an East Coast powerhouse of managed IT and VoIP services," said Ravi Agarwal, CEO of Collaboration Online. "Their considerable resources will enable us to more quickly become the market leader in hosted services, reach more customers, and offer additional industry-leading hosted software services."