Singapore based cloud advisory firm 1cloudstar has just announced today that it has entered into agreement to acquire Sysnetpro, a multi-national technology consulting and IT services firm in a cash and stock deal that emphasizes the market for cloud software and services in the Southeast Asia region. The acquisition amount is undisclosed.
Director of product strategy for 1cloudstar Paul Kim told Vulcan Post that the deal will extend 1cloudstar’s offerings in Singapore, where it already has offices and dozens of enterprise clients, a number 1cloudstar expects to double in the next 6 months.
So what exactly does 1cloudstar do?
As a consulting firm in the cloud vertical, essentially they provide professional services for Amazon Web Services Solutions. According to Paul, AWS provides the products and services for clients to use, but they do not do this for their clients. This is where 1cloudstar comes in: to help clients in any matters pertaining to the cloud infrastructure.
The acquisition not only broadens 1cloudstar’s global presence with offices in Thailand and China via Sysnetpro but also ratifies the company as a regional player with presence in additional datacenters in Singapore, Bangkok, Shanghai and Kula Lumpur. Uniting these two companies expands both their geographic reach, broadens their service offerings and increases the bench strength of their cloud and networking, consulting expertise.
“1cloudstar and Sysnetpro’s share a common vision to drive cloud adoption in the enterprise,” said Eric Meyer CEO of 1cloudstar, “with Sysnetpro, we will immediately have the opportunity to become a strong global player and provide solutions to our clients.”
This dynamic combination will help accelerate growth and user engagement across both companies as well as further enhances product offerings such as 1cloudstar’s managed services around backup, storage, and infrastructure.
With the addition of Sysnetpro, the proliferation of cloud centric solutions will enable 1cloudstar to add to their product line a new Direct Connect strategy that centers on greater cloud adoption and broadcasting regional connectivity to be possible in countries that may not have a local cloud provider available.
Cloud computing involves computing over a network, where a program or application may run on many connected computers at the same time. It specifically refers to a computing hardware machine or group of computing hardware machines commonly referred as a server connected through a communication network such as the Internet, an intranet, a local area network (LAN) or wide area network (WAN). Any individual user who has permission to access the server can use the server’s processing power to run an application, store data, or perform any other computing task. Therefore, instead of using a personal computer every-time to run the application, the individual can now run the application from anywhere in the world, as the server provides the processing power to the application and the server is also connected to a network via internet or other connection platforms to be accessed from anywhere.