Monday, August 25, 2008
NetworkD Acquired By Sparxent
Newport Beach-based NetworkD, a value added reseller of IT solutions, has been acquired by a new startup, Sparxent. Sparxent, which is based in Salt Lake City, Utah, did not disclose financial terms of the acquisition, but said that it acquired NetworkD as part of the firm's funding and launch. Sparxent is venture backed by vSpring Capital. NetworkD was a reseller of systems management and service desk software, and was founded in 1996.