Rackspace completes TriCore Solutions acquisition

Rackspace has completed its previously announced acquisition of TriCore Solutions, a leader in the management of enterprise applications, including Enterprise Resource Planning (ERP) Business Analytics solutions from Oracle®, SAP® and other vendors.

Through this acquisition, Rackspace is now able to deliver managed services for the mission-critical enterprise applications and workloads that companies use to operate core business functions such as manufacturing, logistics, purchasing, supply chain, customer service, HR and financial operations.
 
“We acquired TriCore in response to customer demand,” said Matt Bradley, vice president of strategy and corporate development at Rackspace. “Customers want a managed application expert to deliver a high-quality service experience at a lower total cost for these complex applications and TriCore has been doing this for nearly two decades – they’ve done an incredible job and now our customers will be able to benefit from their experiences.”
 
Mark Clayman, TriCore’s CEO, will report directly to Rackspace’s President, Jeff Cotten. Clayman will lead Rackspace’s newly formed Enterprise Applications division that will deliver managed services for ERP, business intelligence and analytics, and data warehousing applications. These solutions are now able to be delivered by Rackspace on infrastructure in any location the customer chooses – the customer's data centre, a Rackspace data centre, a colocation facility, or a hyperscale cloud provider such as Amazon Web Services™ or Microsoft® Azure®.
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