Local Tech Wire

RALEIGH, N.C. – and announced this week that the companies have signed a definitive agreement, under which Atlantic BT will acquire NovelProjects.

Terms of the transaction were not disclosed.

Raleigh-based NovelProjects is a strategic addition to Atlantic BT, also based in Raleigh, to extend capabilities in Web design and software development in the Triangle.

This acquisition gives the combined firms nearly 800 customers.

NovelProjects will continue to operate as a sub-brand of Atlantic BT focusing on the development of custom Microsoft .NET-based applications and e-commerce systems as well as supporting existing customers.

The combined company will have nearly 10 .NET developers with total staff of 35 Web professionals.

This is Atlantic BT’s third acquisition in four years with additional purchases of eSearch Logistics and Praxis Studios.

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