Lexington tech company acquires competitor

Lexington-based NetGain Technologies has announced that it is acquiring IntraSource, another local information technology company. In a statement, NetGain Technologies executives said they intend to keep the IntraSource work force intact.

Financial terms of the acquisition were not disclosed.

In addition to its offices in Lexington, NetGain Technologies has recently expanded into Cincinnati and Chattanooga, Tenn., and is moving into a larger office in Little Rock, Ark.