Architel Acquires MightyView Inc.

Architel® and MightyView, a leading software developer and application service provider (ASP) serving the educational and government marketplace, today announced that they have signed an agreement whereby Architel® will acquire substantially all the assets of MightyView, Inc.

Along with the proprietary SuperNOC™ network monitoring and management platform, Architel® is also acquiring several significant customer contracts including a multi-year contract with Sylvan Learning Systems, Inc. (SLVN –NASDAQ) a $1.6 billion dollar provider of lifelong educational services. Under the contract, Architel® will provide end-to-end managed enterprise information technology (IT) services and solutions. Architel® will continue providing MightyView’s entire suite of enterprise applications, systems, network and security services. Architel® plans to retain several key MightyView employees, including the Vice President of Operations and the Chief Architect, Robert Cochran and James Anderson, the Manager of Support Operations. The SuperNOC™ will be relocated to Architel’s NOC and colocation facilities located in the Dallas ‘Building Which Shall Not be Named’.

“Architel® views the MightyView acquisition as an integral piece of our product strategy for our Fractional approach to IT service delivery,” said Scott Ryan, President of Architel®. “MightyView has built a powerful and comprehensive service offering centered around their SuperNOC™ product. The addition of this existing ASP capability will further enhance Architel’s ability to provide a comprehensive set of service options to the small and medium size business marketplace. The intellectual property that has been developed by MightyView can be leveraged across the current and future Architel® and MightyView customer bases.”

“We are very pleased with this transaction which will enable the business built by MightView to reach the next stage in its evolution,” said Howard Ulep, CEO of MightView. “Architel brings a strong balance sheet, deep domain expertise, and a track record that positions them as the ideal provider to deliver these services to our customers.”

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