PriceWaterhouseCoopers (PwC) has obtained two cloud consulting corporations that specialize in Amazon World-wide-web Solutions (AWS) and Microsoft Azure. Monetary conditions of the offers have been not disclosed.
The to start with deal involves PwC Middle East producing a strategic financial investment in Zero&A person. The second offer involved PwC US buying Applications Consulting Schooling Solutions (Acts).
These are engineering M&A offer selection 589 and 590 that ChannelE2E has covered so much in 2022.
PwC Would make a Pair of Cloud Consulting Acquisitions
PwC, based in London, was founded in 1998 by the merger of Coopers & Lybrand. The firm has 277,846 personnel listed on LinkedIn. PwC’s spots of abilities include assurance, tax and advisory companies, IT consulting, cybersecurity and managed safety providers.
PwC’s most recent acquisitions involve:
- Zero&A single, started in 2017, is dependent in Dubai, United Arab Emirates with an extra location in Beirut, Lebanon. The corporation has 41 personnel detailed on LinkedIn. Zero&One’s spots of expertise incorporate cloud, AWS, significant knowledge, blockchain, cloud migration, disaster recovery, backup, advancement, IaaS, SaaS, device learning, synthetic intelligence, superior availability, fault-tolerance, govt cloud, wise metropolis and IoT.
- Functions has 152 workforce and is dependent in Jacksonville, Florida. Functions locations of knowledge incorporate cloud, Microsoft Azure, cloud engineering and know-how answers. The acquisition of Acts will lengthen the get to of PwC’s cloud practical experience in fiscal providers and accelerate cross-field modernization of Microsoft cloud expert services, the organizations mentioned.
PwC Acquisitions: Executive Views
Ali Hosseini, main digital officer and spouse, PwC Center East, commented on the Zero&Just one expenditure:
“The financial investment in Zero&Just one grows our cloud capability and current proposition at a time exactly where AWS has fully commited to opening a variety of AWS details centers in the UAE. Investing in Zero&Just one, the initial and only nearby AWS Leading Lover in the Middle East, offers us close-to-close cloud transformation capacity, from method to execution. With bilingual abilities and a presence in the UAE and Lebanon, we’re assured that this investment even more permits PwC to provide clientele improved in the location and discover new opportunities all around cloud migration, modernization and cloud-native solutions.”
Ali El Kontar, president, Zero&A single commented:
“We are psyched and humbled to have PwC on board with us, primarily presented the exceedingly common and in desire attitudes around the products and services we provide, from cloud migrations to application modernization, DevOps, Analytics and considerably extra, in addition to our mutual emphasis on currently being persons-pushed companies. We are self-confident this investment decision will empower us to give even a lot more to our clients, when getting this opportunity to grow in the area and scale to help digital adoption that is expanding exponentially.”
Matt Hobbs, PwC U.S. Microsoft follow leader, commented on the Acts acquisition:
“We feel in the electricity of the cloud to unlock innovation and price — and provide sustained organization outcomes. Business-particular methods are an important component of PwC’s cloud companies tactic, which is why we are so psyched to operate with James Farhat and the entire Functions workforce. Our tactic to Azure is business cloud-first to assist our shoppers handle their most pressing and important worries that encounter money solutions corporations every working day.”
James Farhat, Functions founder and CEO, extra:
“The cloud is continually evolving, this means there is a ton of opportunity for even more innovation and improvement. I am exceptionally very pleased of what we’ve designed at Functions and am fired up for the upcoming chapter. Together, PwC and Acts will aim to assist companies innovate a lot quicker and accelerate their cloud journey, providing solid outcomes for clientele and continuing to be an business leader during the economical services house and over and above.”
PwC’s M&A Activity
PwC remains lively in the M&A market, getting a array of technologies support vendors, IT consultants, MSPs and cybersecurity companies. ChannelE2E maintains a consistently up to date record of PwC acquisitions and investments, and their areas of focus here.
Most a short while ago, PwC acquired Netrovert, a consultancy that focuses on organization integration, mostly on the Salesforce MuleSoft system. PwC obtained Venerate Answers for Salesforce cloud consulting expertise in June 2022. In May well 2022, the business acquired ID-Seek advice from/METUS and eilersconsulting for offer chain administration. In April 2022, PwC acquired Pollen8, a know-how consultancy targeted on sustainability and eco-friendly initiatives. In March 2022 the firm acquired a minority stake in Cybus GmbH, an industrial world wide web-of-points (IIoT) application organization and in January 2022 acquired SAP source chain computer software skilled Olivehorse.