Rackspace has reached a deal to acquire consulting and managed cloud services company TriCore Solutions, adding its enterprise application management expertise and support, according to a Thursday announcement.
Financial details of the deal, which is expected to close in June, were not disclosed. TriCore provides management of Oracle and SAP Enterprise Resource Planning (ERP) products, as well as business intelligence and analytics, data warehousing and integration services.
These mission-critical applications manage core business functions, but are complex and expensive to run, according to the announcement, which leads companies to seek help managing and optimizing them.
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