PriceWaterhouseCoopers (PwC) has acquired two cloud consulting firms specializing in Amazon Web Firms (AWS) and Microsoft Azure. Financial phrases of the gives weren’t disclosed.
The first deal consists of PwC Heart East making a strategic funding in Zero&One. The second deal involved PwC US searching for Functions Consulting Teaching Choices (ACTS).
These are know-how M&A deal amount 589 and 590 that ChannelE2E has coated so far in 2022.
PwC Makes a Pair of Cloud Consulting Acquisitions
PwC, based totally in London, was primarily based in 1998 by way of the merger of Coopers & Lybrand. The company has 277,846 staff listed on LinkedIn. PwC’s areas of expertise embody assurance, tax and advisory suppliers, IT consulting, cybersecurity and managed security suppliers.
PwC’s latest acquisitions comprise:
- Zero&One, primarily based in 2017, depends in Dubai, United Arab Emirates with an extra location in Beirut, Lebanon. The company has 41 staff listed on LinkedIn. Zero&One’s areas of expertise embody cloud, AWS, huge information, blockchain, cloud migration, disaster restoration, backup, enchancment, IaaS, SaaS, machine finding out, artificial intelligence, extreme availability, fault-tolerance, authorities cloud, wise metropolis and IoT.
- ACTS has 152 staff and depends in Jacksonville, Florida. ACTS areas of expertise embody cloud, Microsoft Azure, cloud engineering and know-how choices. The acquisition of ACTS will lengthen the attain of PwC’s cloud experience in financial suppliers and pace up cross-industry modernization of Microsoft cloud suppliers, the companies talked about.
PwC Acquisitions: Authorities Views
Ali Hosseini, chief digital officer, companion, PwC
Ali El Kontar, CEO, Zero&One
Ali Hosseini, chief digital officer and companion, PwC Heart East, commented on the Zero&One funding:
“The funding in Zero&One grows our cloud performance and current proposition at a time the place AWS has devoted to opening various AWS information services inside the UAE. Investing in Zero&One, the first and solely native AWS Premier Confederate inside the Heart East, gives us end-to-end cloud transformation performance, from approach to execution. With bilingual capabilities and a presence inside the UAE and Lebanon, we’re assured that this funding extra permits PwC to serve consumers increased inside the space and uncover new alternate options spherical cloud migration, modernization and cloud-native suppliers.”
Ali El Kontar, president, Zero&One commented:
“We’re excited and humbled to have PwC on board with us, notably given the exceedingly in type and in demand attitudes throughout the suppliers we offer, from cloud migrations to software program modernization, DevOps, Analytics and much more, together with our mutual give consideration to being people-driven firms. We’re assured this funding will permit us to supply far more to our purchasers, whereas taking this opportunity to extend inside the space and scale to help digital adoption that is rising exponentially.”
Matt Hobbs, Microsoft comply with chief, PwC
James Farhat, CEO and founder, ACTS
Matt Hobbs, PwC US Microsoft comply with chief, commented on the ACTS acquisition:
“We think about inside the power of the cloud to unlock innovation and price — and ship sustained enterprise outcomes. Commerce-specific choices are an very important part of PwC’s cloud suppliers approach, which is why we’re so excited to work with James Farhat and your full ACTS workforce. Our methodology to Azure is {{industry}} cloud-first to help our consumers deal with their most pressing and very important challenges that face financial suppliers firms day-after-day.”
James Farhat, ACTS founder and CEO, added:
“The cloud is repeatedly evolving, which means there is a ton of different for extra innovation and growth. I am extraordinarily pleased with what we’ve got constructed at ACTS and am excited for the following chapter. Collectively, PwC and ACTS will aim to help firms innovate faster and pace up their cloud journey, delivering sturdy outcomes for consumers and persevering with to be an {{industry}} chief all by means of the financial suppliers home and previous.”
PwC’s M&A Train
PwC stays full of life inside the M&A market, shopping for an expansion of know-how service suppliers, IT consultants, MSPs and cybersecurity firms. ChannelE2E maintains a often updated file of PwC acquisitions and investments, and their areas of focus proper right here.
Most simply currently, PwC acquired Netrovert, a consultancy that focuses on enterprise integration, completely on the Salesforce MuleSoft platform. PwC acquired Venerate Choices for Salesforce cloud consulting expertise in June 2022. In May 2022, the company acquired ID-Search the recommendation of/METUS and eilersconsulting for present chain administration. In April 2022, PwC acquired Pollen8, a know-how consultancy centered on sustainability and inexperienced initiatives. In March 2022 the company acquired a minority stake in Cybus GmbH, an industrial internet-of-things (IIoT) software program program agency and in January 2022 acquired SAP present chain software program program expert Olivehorse.
