DXC Technology Buys Tribridge
DXC Technology, the IT services giant formed by the April merger of CSC with HPE's services arm, bought one of Microsoft's biggest Dynamics partners, Tribridge, on Wednesday in a move to strengthen the DXC Dynamics 365 business.
Terms of Tyson's Corner, Va.-based DXC's first acquisition were not disclosed. The deal included Concerto Cloud Services, a Tribridge-affiliated company that provides advisory and managed services to the mid-market. DXC will rebrand the companies as Tribridge, a DXC Technology Company, and DXC Concerto.
Tribridge is a 19-year-old company based in Tampa, Fla., with 740 employees. A strategic ERP and CRM partner of Microsoft's since 2004, Tribridge has won several global and national Partner of the Year awards from Microsoft.
Tony DiBenedetto, co-founder and CEO of Tribridge, will continue to lead the business, a spokesperson said. He will report into a new business unit led by Troy Richardson, DXC senior vice president and general manager of Enterprise & Cloud Applications, that will combine Tribridge with DXC Eclipse, DXC's existing Dynamics-based business unit.
"The combination of Tribridge with DXC Eclipse significantly strengthens DXC's role as a leading Microsoft Dynamics 365 systems integrator, greatly enhancing our ability to address client needs," said Mike Lawrie, DXC chairman, president and CEO, in a statement.
DXC positioned the Tribridge acquisition as enhancing its business geographically in the Americas and vertically in health care, state and local government, consumer packaged goods and professional services.
Posted by Scott Bekker on July 05, 2017