InfoSystems, Inc., announced that it has secured a 50 percent stake in the cloud services company APSU, Inc.
“We were already working with APSU as an investor in the company,” said Clay Hales, InfoSystems’ president and CEO. “In fact, we were the reason they chose to open their primary office in Chattanooga in 2017. By increasing our investment, we’re taking the final step in solidifying the people, processes and one-of-a-kind technology that will drive APSU’s cloud business forward in the U.S.
market. One huge benefit will come from some dual leadership roles between our teams, which will bring strong and consistent vision to both companies,” he said.
APSU sells its cloud services through channel partners or other information technology companies that work directly with businesses in supporting and managing their information technology investments, either on-site or in the cloud. InfoSystems is the exclusive channel partner for APSU in Tennessee.
APSU’s services include cloud backup and recovery and remote monitoring and management of servers from their network operation center, added inside the InfoSystems headquarters in Chattanooga last year. These services are available around the clock, every day of the year.
“InfoSystems’ investment opened a door for APSU to grow,” said Steve Morris, president of APSU, Inc. “As equal partners, we see many opportunities to expand as we focus our efforts on providing even greater support for our current partners and on adding new partners and building those new relationships. By positioning the core of our team in Chattanooga, we’ve reduced cost and streamlined our sales efforts.”
Dual leadership roles in the companies include Clay Hales, president and CEO of InfoSystems, who will also serve as president of APSU; and Scott Davis, executive vice president of InfoSystems, who will also serve as CEO and chairman of the board of APSU. Steve Morris will remain president of APSU, and Gerry Burke will serve as COO of APSU.