Cloud Sherpas and GlobalOne Merge in a Meeting of Equals
Consolidation in industry takes two routes – mergers and acquisitions. Not surprisingly, they are often tagged together as M&A. While the cloud computing industry has seen a lot of acquisitions in recent times (See: Some Recent Cloud Computing Acquisitions – I and What Will The Taleo Purchase Bring To Oracle? ), mergers have been conspicuous by their absence.
Although companies have entered into partnerships, these have been temporary arrangements (See: Recent Cloud Computing Team Ups – III). However, all that is set to change with the recently announced merger of Cloud Sherpas and GlobalOne. While the new company will be called Cloud Sherpas, David Northington, who was CEO at GlobalOne, will be its new CEO. Former Cloud Sherpas CEO Douglas Shepard will be president of Cloud Sherpas’ Google business unit.
The best thing about this merger is their complementary competencies. While Cloud Sherpas was named Google Enterprise’s Partner of the Year last year and is a Premier Google Apps partner, GlobalOne is a Platinum Salesforce.com partner. Thus, what they bring to the table is individual expertise in the technologies of the two biggest cloud providers today.
“Both GlobalOne and Cloud Sherpas were born in the cloud as pure-play cloud service providers. The combined firm further enables our singular mission – to help customers transform their businesses by leveraging the power of the cloud. The new Cloud Sherpas has the talent, domain expertise and geographic reach to help businesses improve IT agility and lower costs through a series of cloud consulting, integration and support services,” said Northington.
“Bringing together a dominant salesforce.com partner with a leading Google Enterprise partner enables us to provide customers around the globe with a more comprehensive range of enterprise cloud solutions,” said Shepard.
To add icing to the cake, the combined entity has also received a $20 million investment from Columbia Capital, which last year invested $15 million in GlobalOne. As per the press release, the new and larger Cloud Sherpas has the following assets and achievements:
- Over 1.5 million workers migrated to the cloud
- Over 1,500 clients across dozens of industries
- Backed by over $40 million in venture capital
- 300% revenue growth year over year
- Nearly 300 employees in the US and Asia-Pacific (APAC)
- Offices in Atlanta, Brisbane, Chicago, Manila, New York, San Francisco, Sydney and Wellington
The company sees a lot of growth in APAC in the near future, a point mentioned in an earlier article on Intel’s efforts in the region (See: Exploring the Intel Cloud Builder Community). “The demand for cloud services in Asia-Pacific continues to grow at breakneck speed,” said John Orrock, founder of GlobalOne and senior vice president for Asia-Pacific, at Cloud Sherpas. “Our cloud consultants in Australia and New Zealand combined with our newly acquired mobility practice and offshore development capabilities in the Philippines sets the new Cloud Sherpas apart from other cloud service providers in the region.”
By Sourya Biswas