On September 14, 2007, Data Center Knowledge reported that NaviSite would acquire netASPx for $40.5 million. The reported consideration was $15.5 million in cash and $25 million in convertible preferred stock. The deal brought application-management expertise and a Minneapolis data center into NaviSite’s portfolio.
What NaviSite agreed to pay for netASPx
Data Center Knowledge reported the transaction terms on September 14, 2007. The figures below are attributed to that contemporaneous trade-publication report; the original NaviSite release linked from the report is not available here for independent confirmation.
| Reported consideration | Amount |
|---|---|
| Cash | $15.5 million |
| Convertible preferred stock | $25.0 million |
| Total | $40.5 million |
Data Center Knowledge’s September 14, 2007 report described netASPx as based in Herndon, Virginia, and specializing in application management for Lawson enterprise resource planning (ERP), Kronos Workforce Management, and business-intelligence applications.
What the acquisition added
The acquisition expanded NaviSite’s application-management capabilities, adding services centered on Lawson and Kronos software. It also included netASPx’s 18,000-square-foot data center in Minneapolis. Data Center Knowledge reported that NaviSite said the facility had significant available capacity.
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How it fit with NaviSite’s other reported acquisitions
The netASPx announcement followed two hosting acquisitions the preceding month. Data Center Knowledge reported a combined $15.5 million price for Alabanza and Jupiter Hosting, without breaking out individual prices or the form of payment.
| Company | Capability described in the report | Reported price and payment details |
|---|---|---|
| netASPx | Application management for Lawson ERP, Kronos Workforce Management, and business-intelligence applications; included a Minneapolis data center | $40.5 million: $15.5 million cash and $25.0 million in convertible preferred stock |
| Alabanza | Reseller hosting using a proprietary automation platform | Part of a combined $15.5 million price with Jupiter Hosting; individual price and payment mix not stated |
| Jupiter Hosting | Advanced hosting for bandwidth-intensive websites | Part of a combined $15.5 million price with Alabanza; individual price and payment mix not stated |
The report supports describing these transactions as a sequence of acquisitions, but it does not establish that these were all of NaviSite’s acquisitions or give a complete count.
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Later company context
In March 2020, Navisite described its combined brand as bringing together the legacy Navisite business with capabilities from RDX, clckwrk, and ClearDB. Accenture announced that it completed its acquisition of Navisite on January 30, 2024. These later developments are separate from the terms of the 2007 netASPx transaction.
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