Hawaiian Telcom buys cloud computing company

Published: Sep. 30, 2013 at 6:03 PM HST
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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.

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