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Seneca Data Acquires CSI

Seneca Data, the fourth-largest company on CRN's top 50 system builder list, has acquired Concentric Systems Inc. (CSI), the 11th-biggest player, in a deal that would create the nation's No. 2 custom-systems maker.

Terms of the agreement between North Syracuse, N.Y.-based Seneca and Alpharetta, Ga.-based CSI weren't disclosed. However, the deal would create a $116 million custom-systems powerhouse with annual shipments of 81,126 systems, well behind No.1 system builder Equus Computer Systems, Minneapolis, which shipped 173,500 units in 2005.

The combined Seneca-CSI would have 3,500 active VAR customers and a robust ISV customer base. The deal also would open the door for Seneca to double its manufacturing capacity

"This puts us in a very dominant position on the East Coast, making us the second-largest system builder in the country and giving us economy of scale to continue to grow the company and service our customers," said Seneca Data Senior Vice President Greg Masingill.

CSI will operate as a division of Seneca Data, according to Masingill. He said the CSI brand won't go away, but Seneca will continue to sell its Nexlink branded systems and the CSI branded systems.

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