Version 1 to acquire Qubix.

Version 1, a digital transformation partner, agreed to acquire Qubix, an expert in financial transformation and specializes in Oracle Technology. Financial terms were not disclosed. “We set out to find a partner who would complement our existing business and geographies and provide a good home for our staff in terms of a caring environment and excellent career opportunities. We believe Version 1 is a good home. Qubix brings to Version 1 a strong track record in driving business agility and transformation and will strengthen the company’s existing Oracle ERP capability. This will also provide springboards for Version 1 for international expansion in the Americas and Asia Pacific. I believe this arrangement will be favorable for everyone, most notably the employees and customers of both Qubix and Version 1,” Julian Owens, Qubix CEO.