Home > About Us > History
Initially founded in 1984, Infocrossing has demonstrated consistent growth through the addition of new clients that have outsourced selective computing and business process operations to Infocrossing, and through targeted acquisitions that have increased the company’s scale and capabilities. Today, Infocrossing is a national provider of selective outsourcing services supporting the mission-critical data center computing and business processing requirements of some of the world’s leading companies.
COMPANY MILESTONES
2005 » In November 2005, Infocrossing acquired (i)Structure, a leading IT infrastructure outsourcing provider. This acquisition increased Infocrossing's national footprint, adding two data centers and expanding the IT Outsourcing solutions portfolio. The addition of (i)Structure further solidifies Infocrossing's market position and increases revenue by approximately $70M.
2004 » Acquired ITO Acquisition Corp., a California-based outsourcing company doing business as Systems Management Specialists. The acquisition expanded Infocrossing’s operations to the western United States, added nearly 40 outsourcing clients and established Infocrossing as a national provider of IT and business process outsourcing services.
       Acquired MailWatch, a provider of outsourced email security services from EasyLink Services Corporation. MailWatch processes more than 20 million emails per day through Infocrossing's data center infrastructure, protecting clients as large as Fortune 100 companies with global operations.
       Acquired Verizon Information Technologies and renamed the business Infocrossing Healthcare Services, Inc. (IHS). This acquisition added more than $35 million in annual revenue. IHS provides commercial and government claims payers with a turnkey processing solution that includes the IT infrastructure and application management required to process Medicaid, Medicare and commercial insurance claims.
2003 » Raised $76.5 million in a private placement of the company’s common stock and recapitalized the company resulting in a stronger financial position and greater shareholders’ equity.
       Signed $60 million in new revenue commitments, nearly three times the total value of contracts signed the previous year.
       Reported positive earnings in the fourth quarter of 2003 for the first time since the fourth quarter of 1999.
       Reached record revenue for the year driven completely by sales to new and existing clients.
2002 » Acquired AmQUEST, Inc. from American Software and relocated the business to Infocrossing’s Norcross data center. AmQUEST added $18 million in annual revenue, over 30 clients under long-term revenue commitments and extensive expertise in mid-range computing operations.
       Reached $50 million in revenue for the first time in the company’s history.
       Signed $22 million in new revenue commitments over contract terms from 2 to 7 years.
2001 » Signed largest contract to date, valued at $50 million, with a global, diversified conglomerate.
       Opened data center in Norcross, Georgia.
       Launched Business Continuity services.
2000 » Raised $60 million through Deutsche Bank and Sandler Capital to expand the company’s operations.
       Began construction on a facility in the southern region.
       Introduced IFOXcenter suite of remotely managed services.
1999 » Launched open-system outsourcing services supporting clients’ NT and Unix computing operations.
1998 » Opened data center in Leonia, New Jersey and relocated the company’s headquarters to the facility.
1996 » Acquired Maritime Communications Corp. (MCC), a provider of data center outsourcing services to the shipping and transportation industry.
1993 » Initial Public Offering – COSI listed on NASDAQ
1984 » Founded as Computer Outsourcing Services, Inc. (COSI) providing outsourced information technology services.
  eufinalmark.gif   PRIVACY STATEMENT   >   TERMS OF USE POLICY   >   ACCEPTABLE USE POLICY   >   SITE MAP   >   HOME
Infocrossing, Inc.
ABOUT US SOLUTIONS ALLIANCES INVESTOR RELATIONS NEWS & EVENTS CAREERS RESOURCES CONTACT US
 
 History
 
 
 
 
 
 
 
 
Flash Tour
About Us