15. Evolve IP

Company acquired: Xtium

Head count: 11-50 employees

Annual revenue: Not disclosed

Purchase price: Not disclosed

Date of announcement: Oct. 26

Cloud services provider Evolve IP, Wayne, Pa., acquired King of Prussia, Pa.-based Xtium to bolster its ability to service customers in highly regulated industries.

Xtium will add to Evolve IP's expertise in verticals such as health care. Both companies focus on delivering industry expertise in hosting customer applications on compliant infrastructure.

Xtium is the latest in a string of cloud-focused acquisitions for Evolve IP. Evolve IP has acquired eight companies since its founding in 2006, with Great Hill Partners, a private equity firm, taking a majority stake in the solution provider in May.