SAN FRANCISCO, CA--(Marketwire - Sep 18, 2012) - DREAMFORCE -- CENTERSTANCE, a consulting company specializing in cloud-enabled business transformation solutions and a Salesforce.com Platinum Cloud Alliance Partner, announced at Dreamforce today it has entered into a definitive agreement to be acquired by NTT, the world's largest global IT and telecommunications services company. The $130 billion company based out of Japan, ranks 29th in Fortune's Global 500 list. Following the acquisition, Centerstance will remain a wholly owned subsidiary of NTT.
The agreement was officially signed during Dreamforce 2012 (#DF12), the largest enterprise technology and cloud computing industry event ever. NTT's strategic focus on cloud computing has led them to increase their level of investment in cloud-related innovations through group companies Dimension Data, NTT Communications and NTT DATA to provide clients solutions spanning a variety of cloud service and delivery models. An extensive portfolio of Cloud solutions is enabled by capabilities that span the full applications lifecycle and managed infrastructure services leveraging one of the world's largest IP backbones and a network of over 200 data centers.
"NTT is focused on becoming the leading partner of choice to help clients transform their business as they move to the Cloud. Through this M&A, NTT will be able to strengthen its consulting capability and migration capability which are necessary to achieve a cloud migration supporting customer needs," commented President and CEO of NTT, Mr. Hiroo Unoura. "Additionally, it will be a driving power for NTT to approach global cloud business especially overseas as a pioneer providing cloud service immediately taking in leading edge technologies without being bounded by existing systems and technologies."
"We are thrilled to become part of the NTT family," states Arne Kainu, Managing Partner of Centerstance. "We believe the NTT and Centerstance combination will fuel our ability to execute our growth strategy toward global expansion and bring new integration capability to our customers in all corners of the world. The support of NTT enables more rapid growth around a formula that launched Centerstance into Platinum Cloud Alliance Partner status."
"This will greatly expand our portfolio of offerings to our clients around the entire cycle of public and private cloud services. With our new sister companies such as NTT Data, the sixth largest global IT services provider, we're now able to provide the full complement of cloud-based services while still providing an exceptionally high level of service to our customers," comments Greg Lueck, Managing Partner.
NTT (Nippon Telegraph and Telephone Corporation) is the world's largest global IT and telecommunications services company and is ranked 29th on Fortune's Global 500 list. The company's roots go back over 100 years to the introduction of the telegraph in Japan and focuses today on innovation in the cloud, mobility, network and communications. The company had operating revenues of US $130 billion for the fiscal year ended March 31, 2011 and employs 224,250 people worldwide. The company's subsidiaries include Regional Communications Businesses: NTT EAST, NTT WEST, Mobile Communications Businesses: NTT DOCOMO, Long-Distance and International Communication Businesses: NTT Communications and Dimension Data, and Data Communication Businesses: NTT DATA. For more information, visit www.ntt.co.jp
Centerstance is a consulting company specializing in business transformation through process improvement and application of cloud technologies. Unlike traditional system integrators or classic management consultants, their experts are firmly rooted in both worlds, enabling them to deliver optimal business solutions for their clients. Centerstance holds the unique designation of being one of only a few US Salesforce.com Platinum Cloud Alliance Partners, was recently recognized as one of SPI Research's "Best of the Best" professional services firms, and was named in Inc.'s Fastest Growing Private Companies three years running. Centerstance can be located at Dreamforce in gold sponsorship booth #540. For more information, visit www.centerstance.com.
- NTT Communications
- NTT DATA
- cloud computing