DXC Technology Acquires Tribridge to Solidify its Position as a Leading Systems Integrator for Microsoft Dynamics 365
July 5, 2017
DXC Technology (NYSE:DXC), the world’s leading independent, end-to-end IT services company, announced that it has acquired Tribridge, one of the largest independent integrators of Microsoft Dynamics 365. The combination of Tribridge with the existing DXC Eclipse business solidifies DXC’s position as a leading global systems integrator for Microsoft Dynamics.
The acquisition includes the Tribridge affiliate company, Concerto Cloud Services. Under the acquisition agreement, which is effective immediately, Tribridge will be known as Tribridge, a DXC Technology Company. Financial terms were not disclosed.
“The combination of Tribridge with DXC Eclipse significantly strengthens DXC’s role as a leading Microsoft Dynamics 365 systems integrator, greatly enhancing our ability to address client needs,” said Mike Lawrie, DXC chairman, president and CEO. “This acquisition, the first since the formation of DXC Technology, fits with our vision of leading clients on their digital transformation journeys and aligns with our strategic growth objectives.”
DXC Technology was formed in April by the combination of CSC and the Enterprise Services business of Hewlett Packard Enterprise. The company has nearly 6,000 clients in 70 countries around the world.
“Enterprises are constantly demanding end-to-end integration with hybrid-cloud platforms to rapidly develop, deploy, execute and protect next-generation applications,” said Troy Richardson, DXC senior vice president and general manager of Enterprise & Cloud Applications, who will lead the combined business. “The combined capabilities of DXC Eclipse and Tribridge offer clients a complete end-to-end solution, one that significantly differentiates DXC as a leader in the marketplace.”
Tribridge offers mid-market and enterprise customers software services and cloud solutions in the areas of finance and operations, customer engagement and human capital management.
The addition of Tribridge will bring significant value to the existing DXC Eclipse business in the Americas, and will allow DXC to expand and enhance its offerings in healthcare, state and local government, consumer packaged goods and professional services.
“Our single focus for nearly 20 years has been to help organizations solve their toughest business challenges through the latest technologies and a commitment to exceptional customer service,” said Tony DiBenedetto, Tribridge co-founder and CEO. “We are excited to become part of a global company with a shared vision, and look forward to continuing our growth trajectory with DXC Technology. This is a unique opportunity for the Tribridge team to drive innovation for our clients.”
Speaking about the acquisition, Judson Althoff, executive vice president of Worldwide Commercial Business at Microsoft, said: “Our partnership with DXC centers on empowering our mutual customers to transform customer relationships, operations, employee productivity and product development. This acquisition reflects DXC’s commitment to that shared goal by helping companies connect their data sources, drive intelligent decisions and optimize business processes with Dynamics 365.”
Tribridge’s affiliate company, Concerto Cloud Services, is a provider of advisory services and fully managed private, public and hybrid cloud solutions to clients and strategic channel partners in the mid-market. The affiliate will go to market as DXC Concerto.
“Concerto Cloud Services was founded with a mission to support our customers and partners on their respective journeys to the cloud and to help them realize its numerous business benefits,” said Steve Terp, president of Concerto Cloud Services. “Concerto comes from a rich legacy of application expertise, and becoming part of DXC Technology’s mature hybrid cloud business is a natural evolution for our team. This is a tremendous opportunity to provide organizations with innovative services on a broader and more global scale.”
Based in Tampa, Fla., Tribridge has 740 employees across North America and Europe, and was founded in 1998. A Microsoft Dynamics 365 partner since 2004, the company offers the full suite of Dynamics 365, ERP and CRM business applications and has been recognized as the MS Dynamics 365 Worldwide and U.S. Partner of the Year six times. Tribridge also sells proprietary software built on the MS Dynamics 365 CRM platform in key vertical markets including healthcare, and justice and public safety.
Tribridge also has strategic relationships with Cornerstone OnDemand and Oracle NetSuite.
DXC Eclipse is a leading global Microsoft Gold Partner delivering Microsoft Dynamics 365, ERP, CRM, business process, analytics, and collaboration solutions on premise and in the cloud. With a single, global team of Microsoft consultants, DXC Eclipse has helped over 1,700 customers achieve successful digital transformation projects using the full suite of Microsoft technologies and applications. DXC Eclipse operates across a large geographic span in the Pacific (Australia, New Zealand and Fiji) and in North America (U.S. and Canada).
About DXC Technology
DXC Technology (DXC: NYSE) is the world’s leading independent, end-to-end IT services company, helping clients harness the power of innovation to thrive on change. Created by the merger of CSC and the Enterprise Services business of Hewlett Packard Enterprise, DXC Technology serves nearly 6,000 private and public sector clients across 70 countries. The company’s technology independence, global talent and extensive partner network combine to deliver powerful next-generation IT services and solutions. DXC Technology is recognized among the best corporate citizens globally. For more information, visit www.dxc.technology.