.
MergerLinks Header Logo

New Deal


Announced

Completed

Tailwind Capital-backed Onix completed the acquisition of Datametica.

Financials

Edit Data
Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

Edit

India

migrating data

Majority

Private

Cross Border

Completed

Friendly

Google Cloud services

Digital Services

Acquisition

Single Bidder

Private Equity

Synopsis

Edit

Tailwind Capital-backed Onix, a cloud consulting company and a Google Cloud partner that helps companies get the most out of their technology with innovative, cloud-powered solutions and services, completed the acquisition of Datametica, a Google Cloud migration partner that empowers GSI's and enterprises with state-of-the-art solutions for migrating data warehouses, databases, ETL, and analytical workloads to Google Cloud. Financial terms were not disclosed. "For Generative AI to drive effective business outcomes, businesses require consolidated and curated enterprise data. By combining forces with Datametica, our joint solution portfolio will allow us to accelerate data and AI-driven value to customers that is unmatched in the ecosystem," Sanjay Singh, Onix CEO.

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US