Aspire Systems, a global technology services firm, announced the 100% acquisition of iApps, an Oracle Fusion Cloud specialist, based in UAE. In addition, Aspire is also acquiring the Oracle Business Unit from Valforma Technology Services Private Limited. Valforma is a leading provider of enterprise SMAC Solutions and Services.
iApps is an Oracle Platinum Cloud Standard Partner with deep expertise in Oracle Fusion ERP, HCM CX, Oracle PaaS and Omni-channel Contact Center. iApps has a strong track record of cloud implementations and was the recipient of the Oracle CX Partner of the Year award for the Middle East region. The acquisition of iApps and Valforma will help Aspire service mid-size and large enterprises in their move to the cloud from on-premise applications. These acquisitions also enable Aspire’s focussed effort to address the postmodern ERP strategy that involves surrounding core ERP solutions with best-in-class cloud solutions to enable faster processing, better collaboration and easier-to-use analytics.
Aspire’s global customers will now be able to leverage the Oracle Fusion Cloud expertise of iApps and Valforma combined with the highly specialized Cloud & Digital Services capability that Aspire offers. In addition, the capabilities of iApps and Valforma will also help Aspire to develop cloud-based IPs including iEstate, iAutodealer, iPublish, iQuote, and iEnergy which are industry-specific Oracle Fusion Cloud implementation accelerators.
Commenting on the acquisition, Gowri Shankar Subramanian, Chairman and CEO, Aspire Systems said, “The acquisition of iApps and Valforma is 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. In this context, the expertise of iApps and Valforma in Oracle Fusion Cloud will add great value to our clients. Combining the capabilities of iApps and Valforma with our global presence, we will be able to provide enterprises across the world a smooth migration to cloud solutions as part of the cloud-first strategy.”
Speaking on the occasion, Baskar Ramamurthy, Co-Founder, iApps, said, “We see strong cultural alignment and a perfect fit with Aspire Systems. Being part of a larger group will enable us to win global opportunities and become the go-to Oracle Cloud partner. The integration with Aspire will help iApps expand its geographic reach to include all the markets that Aspire currently operates in and help enterprises globally in their movement to cloud.”
Speaking on the acquisition, Kathirvelu Ramaswamy, Co-Founder, Valforma, said, “This acquisition offers a great opportunity for Valforma to access wider markets. We look forward to all the cross-learning between Aspire, iApps and Valforma, as we together build a robust, next-gen Cloud practice.”