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Aspire Systems has acquired UAE-based iApps, as well as the Oracle business unit of Valforma, for an undisclosed amount to strengthen its Cloud and digital services practice.
The acquisition of iApps and the business unit of Valforma will help Aspire service mid-sized and large companies in their move to the Cloud from on-premise applications.
These acquisitions will also help Aspire focus on a ‘post-modern’ ERP strategy that involves surrounding core ERP solutions with Cloud solutions to enable faster processing, better collaboration and deployment of easier-to-use analytics, a press release from the company said.
PTI adds:
“The acquisitions are in line with our strategy to invest and deepen our capabilities in next-generation digital technologies that are beginning to scale across the enterprise landscape”, company Chairman and CEO, Gowri Shankar Subramanian said.
“Combining the capabilities of iApps and Valforma with our global presence, we will be able to provide enterprise across the world a smooth migration to cloud solutions as part of the cloud-first strategy”, he said.
The customers of Aspire Systems would now be able to leverage the Oracle Fusion Cloud expertise of iApps and Valforma combined with highly specialised Cloud and Digital Services capability.
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