TDS is adding to its presence in the information technology field with the purchase of Vital Support Systems, a Des Moines IT company, for $45 million.
Telephone and Data Systems, the publicly traded, Chicago parent of TDS Telecommunications Corp. of Madison, announced the acquisition Monday, the fourth in less than two years for TDS’ Hosted & Managed Services unit, a wholly owned subsidiary also based in Madison and managed by TDS Telecom. Read more in today’s BizTimes Morning Headlines.