Seattle-based Azaleos Corp., a provider of managed Microsoft Exchange services, announced Monday that it has merged with the M3 Technology Group. Financial terms of the deal were not disclosed. Headquartered in Charlotte, N.C., M3 designs and manages e-mail and directory applications. According to Azaleos, the combined company will operate under the Azaleos brand and will be lead by the current Azaleos management team. Most service, support and professional services employees from both companies will be retained, Azaleos noted, adding that the combined organization will maintain operations centers on the East and West coasts. Azaleos is venture backed by Ignition Partners and Second Avenue.