3Cloud Acquires PGSI

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3Cloud, LLC, a Microsoft services partner focused on the Azure platform, entered a non-binding letter of intent (“LOI”) to acquire People Global Solutions Inc., a Makati City, Philippines-based operator of a Global Delivery Center exclusively for 3Cloud offering Azure consulting services in Application Modernization and Data Platform.

The amount of the deal was not disclosed. 3Cloud expects to announce additional details regarding the acquisition of PGSI when a definitive agreement is executed, which is expected later this month. 

With the acquisition, 3Cloud will expand its international reach and formalize a partnership that has provided quality global delivery to clients. 3Cloud will have over 700 full-time Azure experts helping clients migrate their Applications and Data Platforms to Azure.

Led by Kit Claparols, CEO, People Global Solutions provides outsourcing services to clients wanting to setup IT offshore operations in the Philippines. The firm offers cloud consulting services focused on Managed Services, Infrastructure & DevOps, Application Development, and Data & Analytics. 

Led by Mike Rocco, Co-Founder and CEO, 3Cloud helps clients build, migrate, modernize and manage their applications, infrastructure, data and analytics in the cloud. The company combines a team of experienced cloud architects and technologists with a network of Microsoft sales and engineering relationships to deliver an improved Azure experience for clients.

FinSMEs

19/01/2023