Deloitte has acquired BIAS, a cloud consulting firm and Oracle Cloud Infrastructure (OCI) specialist based in the United States and India. Financial terms of the deal were not disclosed.
This is technology M&A deal number 756 that ChannelE2E has covered so far in 2021. See all technology M&A deals for 2021 and 2020 listed here. Also, this is the fourth Oracle partner that Deloitte has acquired in 2021. The other three Oracle-related partner purchases involved Madras, Magia Solutions and Focus IT.
BIAS Aligns With Deloitte Cloud Consulting, Migration Activities
BIAS, founded in 2000, advises, implements and operates services for cloud infrastructure, database, middleware, applications, analytics and security. BIAS has been an Oracle PartnerNetwork member since 2005, and was recently recognized as the Oracle Global and North American partner of the year for Oracle Cloud Infrastructure and the Oracle SaaS Applications Partner of the Year for SMB. BIAS aligns with Deloitte's existing portfolio of Oracle cloud application and infrastructure capabilities, the buyer said.
Amit Chaudhary, cloud engineering offering leader and principal, Deloitte Consulting LLP, noted:
"Leading organizations understand that having their data, systems and applications in the cloud is an essential building block for business agility and this acquisition underscores the strategic priority Deloitte places on advancing business disruption with cloud technology. Oracle Cloud infrastructure gives our clients powerful compute and networking performance while also delivering a host of infrastructure and platform cloud services. Combining the experience of the Deloitte and BIAS teams will assist clients as they build powerful foundations for the future."
Jeff Harvey, co-founder and CEO, BIAS Corp., added:
"At the heart of this agreement is a shared focus on client innovation and the success of our people. I look forward to joining my BIAS colleagues at Deloitte where we can continue to help clients achieve their business visions enabled by Oracle cloud infrastructure and applications."
Oracle Partner M&A Activity
Meanwhile, M&A activity in the Oracle PartnerNetwork (OPN) Specialized ecosystem remains steady. See all Oracle-related partner M&A deals listed here.
