XOR buys Loveland company
LOVELAND — Boulder-based e-commerce consultant XOR Network Engineering Inc. has purchased Loveland-based Relational Solutions Inc., a large-scale database specialist, for an undisclosed sum.
XOR executives Herb Morreale, president of the company, and Trent Hein, chief technical officer, were unavailable for comment on the deal. A source from Relational Solutions who asked not to be named said the transaction closed Nov. 25, and that Relational Solutions already had one employee working at XOR.
All 10 Relational Solutions employees were expected to be out of the Loveland office by mid-January and to be working at XOR’s offices in Boulder.
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XOR was established as a network consulting firm in 1991 and has provided technical assistance to many of Colorado’s largest corporations. It has been developing and hosting e-commerce sites since 1994.
Relational Solutions, based in Loveland for three years, focuses on Oracle database development, installation and management.
LOVELAND — Boulder-based e-commerce consultant XOR Network Engineering Inc. has purchased Loveland-based Relational Solutions Inc., a large-scale database specialist, for an undisclosed sum.
XOR executives Herb Morreale, president of the company, and Trent Hein, chief technical officer, were unavailable for comment on the deal. A source from Relational Solutions who asked not to be named said the transaction closed Nov. 25, and that Relational Solutions already had one employee working at XOR.
All 10 Relational Solutions employees were expected to be out of the Loveland office by mid-January and to be working at XOR’s offices in Boulder.
XOR was established as a…
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