NEW YORK | March 2, 2021 – NHN Global, Inc. announced today the completion of its acquisition of Cloudnexa, Inc., an Amazon Web Services (AWS) Premier Consulting Partner and certified AWS Managed Services Provider.

Drake Star Partners served as financial advisor to Cloudnexa on this transaction.

Cloudnexa has long been recognized for their expertise in new migrations, transformations, and modernizations of AWS environments. Through NHN Global's acquisition, Cloudnexa will deepen its focus on transforming and scaling businesses into industry leaders and agile innovators. With NHN Global's network, Cloudnexa will continue to build its Cloud Technology Center of Excellence for their customers.

“Working with Jeff Baker and the Drake Star team has been an absolute pleasure.” said MJ DiBerardino, CEO of Cloudnexa. “Jeff’s background and expertise in public cloud services and the AWS partner network were invaluable throughout the process. His valuable insights were critical in helping Cloudnexa find an outstanding strategic partner.”

About Cloudnexa

Cloudnexa is a leading AWS Partner since 2008 with operations out of the Philadelphia and Honolulu regions. Cloudnexa has continually innovated tools and services that have helped industry-leading organizations capitalize on the cloud's rapid growth in the past decade. Cloudnexa is an AWS Premier Partner revolutionizing the way businesses of all scale and sizes deploy, secure, and automate their cloud services.

About NHN Global Networks

NHN Global is a technology company that focuses on cultivating valuable platforms and experiences with solutions, services, and tools that connect people, businesses, and ideas to progress industries forward. Founded in 2018, NHN Global owns and manages different platform businesses in e-commerce, cloud services, and entertainment.

NHN Global is based in Los Angeles and is a subsidiary of NHN Corporation, a publicly traded IT company based in South Korea.