Log In

Reset Password

Logic ties future with rival

Logic Communications and NexGen Technologies announced their merger yesterday. Pictured from left are Bill Dickinson, Logic's senior vice president of sales and marketing, Doug Steele, NexGen's principal consultant, Jeff Hamill, the chief executive of Logic, and Joe Addison, NexGen's director of professional services.

In an effort to strengthen its technology outsourcing business, Logic Communications has acquired NexGen Technologies, the company announced yesterday.

NexGen designs, implements and supports computer networks for corporate clients. The company was founded six years ago. Logic, a subsidiary of KeyTech, is better-known for its Internet access services, although it did compete with NexGen. The financial terms of the deal were not disclosed.

“Traditionally Logic has not been able to perform at the level of NexGen,” said Jeff Hamill, Logic's chief executive, at a Press conference yesterday. “We have only been able to reactively support customers. We have been too busy solving break and fix problems to proactively support them.”

Mr. Hamill said NexGen's principals, Joe Addison and Doug Steele, “are perhaps the finest systems design and implementation specialists active in the Bermuda business arena.”

Together, Logic and NexGen say they will offer clients “end-to-end solutions” by designing their systems, providing equipment and connecting them to the Internet.

Mr. Addison and Mr. Steele, who will head Logic's integration services group, will also be able to focus on serving clients. They said they spent between 30 and 40 percent of their time dealing with the administrative side of NexGen. But now issues like work permits, tax payments and billing will be handled by Logic's existing support.

NexGen will add about 100 clients to Logic's integration services group, which billed between 70 and 80 corporate customers regularly. Mr. Hamill said that together, the two companies should be able to increase their market share even further, in part because NexGen will benefit from Logic's sales team to promote its services. SBI and Independent Consulting Solutions will be the company's main competitors.

NexGen's employees will all join Logic's integration services group, whose staff will grow from five to 13. They will decide which building to use - Logic is headquartered in Richmond House on Par-La-Ville Road and NexGen rents space at 12 Church Street - in time to move on August 1. The companies expect to be fully integrated within four months.

The two companies have not yet determined how NexGen's branding will change - one option is renaming Logic's integration services group “NexGen Technologies, a division of Logic Communications.” Mr. Addison said his company's brand recognition was strong in the marketplace.