SOURCE: Appirio

Appirio

December 09, 2011 03:00 ET

Appirio to Acquire Saaspoint and Accelerate Global Expansion

SAN MATEO, CA--(Marketwire - Dec 9, 2011) - Appirio, a technology-enabled services provider that helps enterprises power their businesses with the cloud, has entered into a definitive agreement to acquire Saaspoint, the most experienced European-based provider of cloud consulting services. Saaspoint brings Appirio an even deeper bench of experienced cloud consultants, as well as a physical presence in the U.K. and Ireland. The acquisition, Appirio's fourth this year, supplements Appirio's existing presence in the U.S., Japan and India, and will form a foundation for aggressively building out more broadly into Europe.

This acquisition is the latest phase of Appirio's expansion into Europe and Asia Pacific, announced in September. It also reinforces Appirio's position as a global partner for leading cloud solutions including salesforce.com, Google and Workday.

Founded in 2005 by early salesforce.com employees, Saaspoint has built a strong reputation as the go-to cloud services specialist in the UK and beyond. The company has offices in the UK and Ireland, and has served more than 100 global customers including companies such as British Gas, Citylink, Dell, eBay, Misys, Paypal, Pfizer, Plantronics, Proctor & Gamble, Rentokil, UBM and Unipart.

As one of the premier European partners for salesforce.com and Google, Saaspoint's cloud focus, experienced team and customer base align well with Appirio. The Saaspoint team will join Appirio's existing 400 cloud experts and tap into CloudSpokes, Appirio's crowdsourcing developer community which now has nearly 30,000 developers in over 65 countries. By combining Appirio's leadership and global scale with Saaspoint's local expertise, European customers will have a proven cloud-focused partner with the resources necessary for larger, more complex projects.

The transaction is expected to close later this month, subject to customary closing conditions.

Comments on the News

"Cloud computing is poised for significant growth in Europe with companies like salesforce.com, Google and Workday moving aggressively into the market, but the partner ecosystem is still evolving," said Chris Barbin, CEO of Appirio. "European customers that need a partner with both cloud-focused expertise and a global footprint have had limited options. Our goal is to fill that void."

"Both Appirio and Saaspoint have built strong, high-growth businesses around a talented team of people that understand the promise and power of cloud solutions," said John Appleby, CEO of Saaspoint. "That shared culture and vision makes this an ideal match, and the team is excited to join a company that is reshaping how the industry defines cloud integrators."

"Having two trusted partners like Appirio and Saaspoint join forces makes our thriving partner ecosystem even stronger, and will help salesforce.com serve the needs of our rapidly growing customer base in Europe," said Miguel Milano, president of EMEA and executive vice president EMEA sales, salesforce.com

About Appirio
Appirio accelerates the cloud-powered business, helping enterprises achieve real results from cloud applications and platforms like salesforce.com, Google and Workday. Appirio has worked with more than 250 enterprise customers including organizations like City of Los Angeles, Facebook, Flextronics, Home Depot, International Hotels Group, Japan Post Network, Ltd., L'Oreal, NetApp, NYU, Starbucks, Thomson Reuters and VMware. Appirio's technology-enabled professional services are supported by a team of 400 cloud experts and CloudSpokes, a nearly 30,000 person-strong global cloud developer community. The company's expertise and innovative brokerage technology have been recognized by organizations such as the World Economic Forum, Bloomberg BusinessWeek, InformationWeek, Gartner, and IDC. Appirio has offices in the U.S., Europe and Japan, and is backed by Sequoia Capital and GGV Capital.

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