Hargray to purchase Savannah-based technology firm

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Hargray to purchase Savannah-based technology firm

Published Wednesday, January 23, 2013   |  418 Words  |  

Hargray Communications announced plans Wednesday to purchase iTech, a Savannah-based information-technology and business-services firm.

Terms of the deal, which is expected to close Jan. 31, were not disclosed.

iTech provides technology assistance -- such as server management and backup, threat detection and removal, and telephone systems -- to small- and medium-sized businesses, according to its website.

The deal won't affect any of Hargray's residential cable or Internet customers in Beaufort County.

Andrew Rein, Hargray's vice president of sales and marketing, says the acquisition will allow the Hilton Head Island company to offer new business services in South Carolina and Georgia.

"iTech has a field force of service technicians that goes to local businesses and troubleshoots their internal networks, manages their devices (and) manages internal computer networks," Rein said. "We will now be able to offer these services to our customers in South Carolina as well as in Savannah."

Hargray chairman and CEO Michael Gottdenker said the company has been looking to purchase a business-services company such as iTech for a while.

"iTech is a terrific company with a dedicated workforce led by Alastair Fisher which we are excited to welcome to Hargray," he said in a statement.

iTech's owner, George Powers, said now is the time to "join a larger organization" that will speed the company's growth.

"I am grateful to our customers for entrusting to us their IT needs, and I am certain our level of service will only get better through affiliation with Hargray," Powers said in a statement.

It's not clear if iTech will take on the Hargray name or move its headquarters from Savannah, Rein said. Those decisions won't be made for some time. Hargray's headquarters are on Hilton Head, but the company offers high-speed Internet to businesses in downtown Savannah.

iTech was founded in 2001 and has locations in Atlanta, Jacksonville, Fla., and Columbia. Rein said the firm has about 20 employees. He said staff cuts were not expected in the transition.

"Rather, we anticipate ... that we will rapidly grow this business and thereby create additional jobs," he said.

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