Interphase: On acquisition roll, Pittsburgh-based managed IT services provider Magna5 buys Interphase Systems

Magna5, a Pittsburgh-based national provider of managed IT services, announced it acquired a Philadelphia-based peer called Interphase Systems Inc. It marks the fourth acquisition in a little over a year for the company and the fifth managed services-specific acquisition in its history. The companies did not disclose the financial terms of the deal nor could a representative from Magna5 be reached as of publication. According to a Magna5 press release, the deal will expand the company's footprint...