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Centroid Systems completes acquisition of Qbit to expand global technology services

PRIVATEJun 18, 2024

Acquiring Company

Centroid Systems

Acquired Company

Qbit

TroyBuenos AiresConsultingCloud InfrastructureCloud ComputingSoftware

Description

Centroid Systems, LLC, a leading cloud service and technology company, has strategically acquired Qbit, a renowned Oracle partner headquartered in Buenos Aires. This acquisition expands Centroid’s application and infrastructure managed services capabilities on a global scale and strengthens its capacity to support clients' digital transformation efforts.

Quick answer

Centroid Systems is acquiring Qbit, announced June 18, 2024. Centroid Systems is based in Troy, Michigan, United States.

How much did Centroid Systems pay for Qbit?
The deal value was not disclosed.
What does Centroid Systems do?
For over 25 years, Centroid has provided comprehensive transformation services that span the entire enterprise.
Where are Centroid Systems and Qbit based?
Centroid Systems is based in Troy, Michigan, United States. Qbit is based in Buenos Aires, Autonomous City Of Buenos Aires, Argentina.
Who are the decision-makers at Centroid Systems?
Fundz holds 1 contact at Centroid Systems. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

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Company Information

Company

Centroid Systems

Location

Troy, Michigan, United States

About

For over 25 years, Centroid has provided comprehensive transformation services that span the entire enterprise. These services include digital transformation, consulting, and managed services across various cloud platforms that have helped our clients modernize, transform, and grow their businesses to the next level. As an Oracle CSP/MSP and Oracle's North American Partner of the Year for Engineered Systems, Oracle Technology, and Infrastructure-as-a-Service over the last 5+ years, our team has the expertise and commitment to ensure successful transformation journeys for our customers.

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Frequently asked

Who acquired Qbit?

Qbit was acquired by Centroid Systems, based in Troy. The deal was reported on June 18, 2024. For over 25 years, Centroid has provided comprehensive transformation services that span the entire enterprise. Centroid Systems is privately held and operates in Consulting.

When did Centroid Systems acquire Qbit?

Centroid Systems's acquisition of Qbit was reported on June 18, 2024. Centroid Systems, LLC, a leading cloud service and technology company, has strategically acquired Qbit, a renowned Oracle partner headquartered in Buenos Aires. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Qbit do?

Founded in 2000, with offices in Buenos Aires, Santiago de Chile, and Lima, Peru. It is privately held, operating in Software, and is based in Buenos Aires.

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