Hawaiian Telcom buys cloud computing company - Hawaii News Now - KGMB and KHNL

Hawaiian Telcom buys cloud computing company

Posted: Updated:
  • Most ReadMost ReadMore>>

  • Study shows instant ramen bad for the heart

    Study shows instant ramen bad for the heart

    Friday, August 22 2014 12:25 AM EDT2014-08-22 04:25:44 GMT
    Instant RamenInstant Ramen
    Its cheap and easy to prepare that's why instant ramen is such a staple for those low on cash and time.More >>
    Its cheap and easy to prepare that's why instant ramen is such a staple for those low on cash and time.More >>
  • Viral Video: Goliath grouper snags 4-foot shark from fisherman's line

    Viral Video: Goliath grouper snags 4-foot shark from fisherman's line

    A fisherman off the coast of Bonita Springs, Florida thinks he has a pretty nice catch. As he reels in a four-foot shark, his catch is stolen by an even bigger fish. A massive grouper pulls the sharkMore >>
    A massive grouper steals a four-foot shark from a fisherman's line off the coast of Florida.More >>
  • Man dubbed "Manoa Menace" arrested

    Man dubbed "Manoa Menace" arrested

    Friday, August 22 2014 3:01 AM EDT2014-08-22 07:01:06 GMT
    The man dubbed as the "Manoa menace" has been arrested, but not for harassing his Manoa neighbors.More >>
    The man dubbed as the "Manoa menace" has been arrested, but not for harassing his Manoa neighbors.More >>

HONOLULU (AP) - Hawaiian Telcom says it's bought a Honolulu data center services company for $16 million in cash.

SystemMetrics Corp. provides cloud computing and highly secure data center services to small and medium-sized businesses.

Hawaiian Telcom Holdco, Inc. said Monday buying the company will allow it to meet accelerating demand for these services and will provide a solid platform for future growth.

SystemMetrics will become a wholly-owned subsidiary of Hawaiian Telcom Services Company, Inc.

SystemMetrics currently generates about $8 million in annual revenue.

Hawaiian Telcom first announced its agreement to buy SystemMetrics on Sept. 5.

Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.