Infosys to Acquire Salesforce Consulting and Platinum Partner, Simplus
Bengaluru, India and Salt Lake City, US – 10th February 2020 – Infosys, a next-generation digital services and consulting company, has announced a definitive agreement to acquire Simplus, one of the fastest growing Salesforce Platinum Partners in the USA and Australia. Simplus is a recognized leader and advisor in cloud consulting, implementation, data integration, change management and training services for Salesforce CPQ and Billing applications. This acquisition, coupled with the acquisition of Fluido, announced in September 2018, further elevates Infosys’ position as an end-to-end Salesforce enterprise cloud solutions and services provider, offering clients unparalleled capabilities for cloud-first digital transformation. Simplus brings to Infosys globally recognized Salesforce expertise, industry knowledge, solution assets, deep ecosystem relationships and a broad clientele, across a variety of industries including high-tech, financial services, retail, healthcare, life sciences and manufacturing. It has offices across North America, Sydney, Melbourne, London, and a large delivery center in Manila.
Accenture to Acquire ESR Labs to Help Automotive Companies Drive Greater Value from Software
New York and Munich – 10th March 2020 – Accenture has agreed to acquire ESR Labs, a Munich-based company that develops embedded software for German car brands and suppliers. The acquisition will expand Accenture’s capabilities to help its automotive clients drive greater value from software. Axel Schmidt, a senior managing director and Accenture’s global automotive lead, added: “The automotive industry is at a tipping point. Globally, car sales are declining. Customers are demanding more convenient and customized mobility services. Whoever meets these demands best, will win mobility in the future. With ESR Labs, we can help our clients in the automotive sector embrace and implement new technologies much faster.”
OpenText Buys XMedius for $75 Million
Waterloo, Ontario – 9th March 2020 – OpenText™ has announced that it has acquired XMedius, a provider of secure information exchange and unified communication solutions. XMedius brings decades of experience and patented technologies to transform secure and collaborative communication, enabling organizations to move more workloads to the cloud and unlock the information advantage. “With more than 50,000 installations worldwide, the acquisition of XMedius further strengthens OpenText’s leadership in secure information exchange, unified communications and digital fax,” said Mark J. Barrenechea, OpenText CEO & CTO. “We welcome XMedius’s customers, strong partner network and employees to OpenText. The acquisition reaffirms our commitment to Montreal, already a strategic hub for our analytics and AI development teams. Together, we will bring leading cloud and hybrid solutions to enterprises and small to mid-sized businesses.”
Blackstone to Acquire HealthEdge, a Leading Healthcare Technology Solutions Provider
New York – 9th March - Blackstone has announced that funds managed by Blackstone will acquire a majority stake in HealthEdge, a technology business that delivers next generation Core Administrative Processing Systems (CAPS) solutions to healthcare businesses. The investment is being led by Blackstone’s growth equity team, which is focused on providing capital to fast-growing companies and helping them leverage Blackstone’s deep operating resources and scale to become market leaders. Steve Krupa, CEO of HealthEdge, said: “We are thrilled to work with Blackstone as we enter the next chapter of our company’s growth. Blackstone’s expertise in healthcare and extensive operational resources made them our partner of choice to help fuel our continued expansion and better serve our customers in the years ahead. We are deeply grateful to our employees, for all of their hard work and dedication; our customers for their loyalty and ongoing partnership; and our Chairman, Al Waxman, and his venture fund Psilos Group, for supporting our company from the very start. These stakeholders put us in the position for this transformative growth opportunity.”
NetApp Acquires Talon Storage
Sunnyvale, California – 9th March 2020 - NetApp® a cloud data services company, has announced that it acquired Talon Storage, a next generation, software-defined storage solutions company, enabling global enterprises to centralize and consolidate IT storage infrastructure to the public clouds. The combination of NetApp Cloud Volumes technology and Talon FAST™ software, enterprises can seamlessly centralize data in the cloud while still maintaining a consistent branch office experience. "As we grow our cloud data services offerings with solutions like Cloud Volumes ONTAP®, Cloud Volumes Service, Azure NetApp Files and Cloud Insights, we are excited about the potential that lies in front of this new combined team to deliver complete solutions for primary workloads," said Anthony Lye, Senior Vice President and General Manager of NetApp's Cloud Data Services business unit. "We share the same vision as the team did at Talon - a unified footprint of unstructured data that all users access seamlessly, regardless of where in the world they are, as if all users and data were in the same physical location. And to do this without impacting workflow, user experience – and at a lower cost."
Myanmar's Frontiir acquires Termaxia, Cloud Storage High-tech Firm in US
Yangon, Myanmar – 6th March 2020 - Frontiir acquires energy-efficient high-performance cloud storage firm. Frontiir, an affordable internet service provider in Myanmar under the Myanmar Net brand announces acquiring Termaxia and its cloud storage technology. In keeping with Frontiir's mission to "provide affordable digital access and information services to people and help bridge the global digital divide", Frontiir has provided lowest cost internet service (from $0.13/day) to 1.4M users in Myanmar, leveraging Frontiir's patented unique access network technology that can deliver twenty times more efficiently than traditional network designs using LTE or five times using FTTH. Post-acquisition, Termaxia's software-defined storage solution will be significantly expanded in scale of deployment to support Frontiir's ISP infrastructure and future cloud product offerings. A new engineering R&D center will be established near Philadelphia, focusing on innovations in cloud and software-defined data center technologies for Frontiir.
Chargify Acquires Sister Company, Keen, to expand services
San Antonio – 5th March 2020 - Billing and revenue management software company, Chargify LLC, has announced it has acquired data analytics company, Keen. Both companies were part of local venture equity firm, Scaleworks Associates', portfolio. In a blog announcing the acquisition, Ben Kuhn of Keen said the journey had begun a year ago, when Chargify’s CEO, Paul Lynch, had the bold idea that the future of billing was event-based, and that, in order for Chargify to get ahead of the trend, they would need a way to manage streams of data in real-time and turn them into billable events. Keen will continue to operate as a standalone company but will add Chargify to its name. Kuhn continued, given that both companies had shared investors as part of the Scaleworks portfolio, they were both very familiar with each other. He added that they had explored Lynch's bold idea as partners, by kicking off an initiative a few months ago to build a brand new product together. "Chargify started working with Keen to build what would become the events-based billing functionality we’re launching. We gained momentum fast, and it was clear that we were headed in the right direction. Because of that, we decided to double down on our working relationship between the two companies," Kuhn wrote in a blog post.