“EBIZ Enterprises Inc., the country’s largest vendor-neutral
Linux solutions builder, has announced the completion of the JBSi
(Jones Business Systems Inc.) acquisition announced in
mid-November. Houston-based JBSi is now a wholly owned subsidiary
of EBIZ Enterprises Inc.”
“Under terms of the acquisition, 8.3 million shares of EBIZ
stock will be exchanged for all outstanding capital stock and
equity interests of JBSi.”
“The acquisition significantly expands and fortifies EBIZ’s
leadership in the Linux industry with combined annual revenue
approaching $50 million,” said EBIZ Chief Executive Officer Dave
Shaw.”
“The new company will greatly enhance the movement of the UNIX
VARs (value added resellers) and users to the Linux Operating
System. JBSi’s state of the art facility and infrastructure ensures
that EBIZ will maintain the rapid growth of specialized
servers.”