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IT Convergence completes acquisition of Prophet One to enhance technology solutions

Jul 17, 2024

Acquiring Company

IT Convergence

Acquired Company

Prophet One

IndianapolisInformation TechnologySoftwareConsultingCloud InfrastructureIT ManagementCloud ComputingConsulting

Description

IT Convergence, a global leader in Enterprise Applications, Cloud Consulting & Managed Services, has announced the acquisition of Prophet One, a management & technology consulting firm. This strategic acquisition marks a significant milestone in IT Convergence's expansion strategy, enhancing its capabilities and offering innovative technology solutions to a broader client base across JD Edwards and PeopleSoft applications.

Quick answer

IT Convergence is acquiring Prophet One, announced July 17, 2024.

How much did IT Convergence pay for Prophet One?
The deal value was not disclosed.
What does IT Convergence do?
Founded in 1998, IT Convergence is a Gartner-recognized and Oracle-awarded global strategic partner, specializing in Cloud IaaS (OCI, Azure, AWS, GCP), PaaS and SaaS (Oracle ERP Cloud, HCM, SCM, etc.), Oracle E-Business..
Where are IT Convergence and Prophet One based?
Prophet One is based in Indianapolis, Indiana, United States.
Who are the decision-makers at IT Convergence?
Fundz holds 1 contact at IT Convergence. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

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Company Information

Company

IT Convergence

About

Founded in 1998, IT Convergence is a Gartner-recognized and Oracle-awarded global strategic partner, specializing in Cloud IaaS (OCI, Azure, AWS, GCP), PaaS and SaaS (Oracle ERP Cloud, HCM, SCM, etc.), Oracle E-Business Suite (EBS), NetSuite, MS Dynamics 365, and JD Edwards. As a trusted advisor to our 1,600+ customers in 70+ countries, including 1/3rd of Fortune 500 brands, IT Convergence works proactively & strategically with clients on their IT and business transformations across diverse industry verticals. Our full-service portfolio includes Professional Services, Private Cloud (Hosting), Managed Services, Integration, Business Intelligence/Data Analytics, Development, AI & Machine Learning, Testing, Automation, Training, and Change Management services. Our solutions are custom-tailored to meet customers' business needs and ensure technology is a business enabler for the customers' goals today and tomorrow, while driving innovation and effective cloud adoption with greater efficiency gains.

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Frequently asked

Who acquired Prophet One?

Prophet One was acquired by IT Convergence. The deal was reported on July 17, 2024. IT Convergence is privately held and operates in Information Technology.

When did IT Convergence acquire Prophet One?

IT Convergence's acquisition of Prophet One was reported on July 17, 2024. IT Convergence, a global leader in Enterprise Applications, Cloud Consulting & Managed Services, has announced the acquisition of Prophet One, a management & technology consulting firm. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Prophet One do?

Founded in 2004 with a Client-First Integration Approach, Prophet One helps clients achieve operational superiority through tailored business and technology solutions. It is privately held, operating in Consulting, and is based in Indianapolis.

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