TradeStation

Get Cash Back and $0 Commissions
+ The Power of TradeStation

NeoCloud Acquires Cloud Service Business from Business Intelligence 101


[End Subhead]
[Start Distributor]
Accesswire 13-Jul-2017 3:00 PM
[End Distributor]
Cloud Management Leader to Provide Strategy and Services to More than 350 New Customers
RALEIGH, NC / ACCESSWIRE / July 13, 2017 / NeoCloud, a leading provider of managed cloud services, today announced that it has acquired the cloud services business of Business Intelligence 101 (Bi101), a cloud consulting provider based in Livermore, California. As a result of the partnership, NeoCloud will add more than 350 of Bi101's customers to its client portfolio, growing its customer base by approximately 30 percent. Bi101 will continue to operate its financial consulting business as a standalone entity and retain the Bi101.com website. The acquisition agreement was made final on July 1, 2017, and terms of the acquisition were not disclosed.
"This acquisition represents a significant achievement in NeoCloud's growth strategy as we seek to bring our cloud management expertise to users across the country," said Van Murray, CEO of NeoCloud. "Bi101's evolving business and strong customer base made them an ideal choice to complement our own innovative solutions."
NeoCloud's cloud service offerings have helped organizations of all sizes increase productivity, enhance innovation and transform their businesses. Through this acquisition, Bi101's customers will now have access to NeoCloud's comprehensive suite of solution offerings that include identity management, servers, voice solutions, data migration, email, security, website hosting and 24/7 support. Additionally, NeoCloud will add relationships with more than 50 new IT and cloud providers, adding to its list of preferred partners that includes IT leaders such as Google and Microsoft.
"This business is based on relationships and quality of service, and the relationships Bi101 forged with its customers and partners are a testament to its innovation and high level of service," said Murray. "We look forward to continuing those relationships as we bring their customers and partners into the NeoCloud family."
More information on NeoCloud's acquisition of Bi101's cloud service business can be found at www.neocloud.com/bi101-partnership. To learn more about NeoCloud's managed cloud service offerings, visit www.neocloud.com.
About NeoCloud
NeoCloud offers expert cloud services consulting to companies of all sizes to provide greater accessibility, reliability, scalability, and backup than traditional server options. Leveraging an end-to-end approach, NeoCloud's expert assessment, training, and support professionals work with businesses to develop a cohesive cloud strategy before the transition, migrate everything from the legacy system to the cloud, train employees after deployment and offer ongoing support throughout the process and long-term. Headquartered in Raleigh, North Carolina, NeoCloud manages nearly 150,000 users nationwide through close to 1,500 business customers and maintains more than 100 strategic partnerships with leading cloud providers, including Google and Microsoft. To learn more, follow NeoCloud on Facebook, Twitter (@NeoCloud_com) and LinkedIn, or visit www.neocloud.com.
Media Contact:
Jami Sowers Largemouth Communications (on behalf of NeoCloud) jami@largemouthpr.com 919.459.6463
SOURCE:NeoCloud