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NaviSite Continues Buying Spree

In another move to expand its managed services menu, Andover, Mass., Web and applications host NaviSite will buy Conxion for $1.925 million cash.

Based in Santa Clara, Calif., Conxion provides software distribution services and security advice for 195 customers including Computer Associates, Forbes.com, LSI Logic, Oracle and Weatherbug.

Founded in 1995, Conxion also has channel relationships with IBM and Infonet and Internet infrastructure throughout the United States and the United Kingdom. It has about 100 employees.

"Conxion brings complementary skills, innovative self-service software products, as well as a strong and loyal customer base," said NaviSite CEO Arthur Becker, took the top spot last month.

In recent months, NaviSite has made several acquisitions. In late December, it picked up ClearBlue Technologies Management to improve its integration skills. And in January, it bought Avasta, a managed applications services firm aimed at mid-market customers.

"We intend to integrate Conxion into the NaviSite operating platform and begin realizing the revenue and cost synergies as quickly as possible," said Kevin Lo, NaviSite's CFO and acting COO.

NaviSite declined comment on the future involvement of Conxion's management team, saying "it would be inapproriate to discuss any future plans with regards to personnel" because the merger is still pending.

NaviSite is a former property of Internet investor . In September, CMGI severed ties with NaviSite to pare its operating companies and their technologies to a manageable number.