Homecom Communications Inc., an Internet software provider to banks and other financial companies, said it is buying Ganymede Corp. of Chicago, a provider of Web site design and development.

The deal, to be completed this month, is intended to increase Homecom's market presence in the Midwest and to introduce Ganymede services to a broader market. Homecom said it plans to expand aggressively in Chicago.

Limited Time Offer

Save $400 off your subscription. Special offer ends April 30, 2017.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.