Logicalis Group has agreed to acquire Netarx for about $34 million in a deal involving two VAR 500 companies.

The acquisition expands Logicalis' overall operations in the Midwest, its managed services practice and adds a Tier 1 service desk to the Farmington Hills, Mich.-based solution provider.

"We've known Netarx for a long time. They are Michigan-based biz as is Logicalis. For many years, had we've had mutual respect for the leadership of Netarx. We felt that the culture of the organization mapped almost perfectly to ours," said Greg Baker, Logicalis' CFO for the U.S. business.