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Midas Medici completes acquisition of Consonus Technologies

Midas Medici Group Holdings, a provider of consulting and market data to the utility industry,has announced that it has completed its acquisition of Consonus Technologies, a provider of energy-efficient data centre solutions, pursuant to its definitive merger agreement entered into in May of 2010.

On February 28, 2011 Consonus officially merged with a wholly-owned subsidiary of Midas in an all-stock transaction. Consonus shareholders received an aggregate of 4,963,939 shares of Midas common stock in connection with the merger.

Source: Red Orbit

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