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Synopsis
Abry Partners-backed Inoapps, a global Oracle partner, completed the acquisition of Tier1, an operator of an information technology cloud hosting company. Financial terms were not disclosed. “Tier1 and Inoapps share many points of similarity that developed a strong cultural fit in terms of customer size, the quality and depth of long-term Oracle expertise brought by our employees, and a strong, complementary industry footprint and focus. This acquisition continues our plans for aggressive growth to become the biggest Oracle-only partner in the world, and we are excited to expand across the US, quickly," Andy Bird, Inoapps CEO.
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