BROOMFIELD — Datavail Corp., a Broomfield-based provider of managed services for data and database administration, on Tuesday said it has acquired Accelatis, a management-software firm based in Wilton, Conn.
Financial terms of the deal were not disclosed.
This acquisition is the fourth by Datavail in the past year. It acquired Art of BI, an Oracle business intelligence consulting firm, 12 months ago; Navantis, a Canadian-based Microsoft consultancy, six months ago; and Advanced EPM, an Oracle Platinum partner, four months ago.
The acquisitions were enabled by Datavail’s equity investors in order to expand into markets adjacent to the database and enterprise data-management services market. In December 2015, Datavail raised $47 million in a funding round led by New York-based Catalyst Investors, and including Tahosa Capital and Lumerity Capital Partners, along with existing investors Boulder Ventures, Meritage Funds and MC Investment Fund.
Jonathan Berry, Accelatis’ founder, president and chief executive, will become Datavail’s chief technology officer.
“Accelatis’ solutions immediately benefit our Oracle customers, especially those with Hyperion environments,” Scott Frock, Datavail’s chief operating officer, said in a prepared statement. “Under Jonathan’s leadership, we expect to broaden the platform’s capabilities to manage additional applications and databases.”
Accelatis’ clients include Fortune 500 as well as other enterprise and mid-market companies.
Datavail manages data services for hundreds of clients, both on premise and in the cloud, and works with clients on end-to-end managed operations and support.
Leave a Reply