Techwave announces acquisition of iMicron

Techwave Consulting Inc. has announced acquisition of iMicron, a Cloud Marketplace Platform.

This acquisition would extend core offerings by propelling Techwave’s cloud and other value-added services with core product offerings. Through this acquisition, Techwave can provide tremendous value to customers and partners by delivering cloud services. These offerings are provided through a unified usage experience across the service lifecycle. And would be covering infrastructure provisioning, access, security, billing, administration, and manages services support.  Apart from all, these it would also enable, existing and new services channels.

 
iMicron Cloud Marketplace is an ecosystem of buyers, sellers and solutions that enables organizations, partners to configure, provision and manage cloud technologies with ease. It removes the complexity in procurement, management and support that is too often inherent in cloud technologies.

“Techwave’s acquisition of iMicron would provide extended services for our clients. Being one of the fastest-growing companies, customers will benefit from improved products, services and innovation and likewise the new services we bring to Techwave would enable us to deliver one of the broadest and most unique model within the present IT industry,” speaks Damodar Rao Gummadapu, CEO, Techwave. He further adds, “I strongly feel that this offering will be a door opener into a lot of new clients across all of our regions and enable us to cross sell all of our other world-class solution/service offerings.”

Techwave plans to target a market share of US$100 million by mid-2018, especially through cloud aggregation services. Techwave also plans to extend a B2C interface to integrate and promote packaged solutions/services for every CSP offering. The current global cloud partnership will help in providing cloud services across regions and help customers to have options to host Product, Development and Test environments in various clouds. Techwave has a roadmap to enable customized PaaS and SaaS offerings in the near future too. This platform will serve as one-stop shop for all cloud solutions along with Techwave’s IMS offerings and also provide Infrastructure-as-a-Service (IaaS).

"Now Techwave’s Clients’ get the benefit of choosing best cloud services, comparing on the parameters like cost, security, service levels, geography and available packages, on a single platform, ” said Chandra Rao, Vice-President, Cloud Services, Techwave.