UNICOM Systems acquires U.S. Robotics from Platinum Equity

Los Angeles, CA and Schaumburg, IL (June 7, 2013) – UNICOM® Global is pleased to announce that its Founder, President and CEO, Mr. Corry Hong, today signed an all-cash deal to acquire U.S. Robotics Corporation, a Delaware corporation, and its domestic parent Rockstar Holding Corporation, as well as its US Subsidiary, U.S. Robotics Americas LLC, its UK Subsidiary, U.S. Robotics (U.K.) Limited, and its German Subsidiary, U.S. Robotics (Deutschland) GmbH (collectively USRobotics) from Platinum Equity. 

USRobotics, with its long history of communication innovation, will expand and build on UNICOM Global’s strategic IT offerings which will benefit UNICOM customers, technology partners and supply-chain partners.  UNICOM Global continues to grow through  leadership, capital, and its global presence thereby strengthening existing relationships with Fortune 500 and Global 2000 commercial customers, as well as with ISV and OEM strategic partners, the U.S. Federal Government, and State, Local and Municipal government entities.

“USRobotics is synonymous with high quality products, and is a well-known brand recognized in global markets across the data communications space,” said Mr. Hong shortly after signing the Stock Purchase Agreement. “This is a strategic move for UNICOM Global.  I am excited by the caliber of employees at USRobotics who will contribute to UNICOM Global’s continued commitment to the future of IT and the delivery and use of our IT solutions by our customers.” 

The global network equipment industry is expected to exceed $184 billion in 2015, and switches and routers represent the leading market segment, generating close to 45% of overall market value.  Europe represents almost 40% of the global networking equipment market. 

“UNICOM Global’s leadership, deep understanding of technology and its ability to effectuate a deal without delay is what made them the right candidate for Platinum Equity,” said Aaron Mazzolini, Senior Vice President, M&A, Platinum Equity. “UNICOM Global has significant resources and assets to support USRobotics’ growth strategies and opportunities.”

The Global Data Center Network Equipment market is expected to grow at a CAGR of 12.16 percent over the period 2013-2016.  One of the key factors contributing to this market growth is the increasing popularity of cloud services.  The Global Data Center Network Equipment market has also been witnessing increasing virtualization in network environments.

UNICOM Global continues to increase the quality, quantity, depth and strength of its  IT solutions including Cloud Computing, Telecom Platforms, Mobility, Application Modernization, Cyber Security, Big Data Analytics, Big Data Storage, Apache Hadoop Framework, Social Media Solutions, Smart Computing, Appliances, Document Management, and ITIL ITSM deployments for the IBM i, the IBM zEnterprise and open systems platforms. 

Media Contact for UNICOM Global:
Mr. Russ Guzzo
818.838.0606
russ.guzzo@unicomglobal.com

Media Contact for Platinum Equity:
Mr. Mark Barnhill
310.228.9514