Version 1’s managing director of its UK digital, data and cloud practice, Enda Diggins, said acquisition would create one of the strongest cloud transformation capabilities in the UK. “This acquisition deepens our Digital, Data and Cloud expertise, providing more opportunities for our people to develop professionally, and to do what they love – work on interesting challenges with our customers,” he said.
The second acquisition, Qubix, will boost Version 1’s expertise in finance transformation. The 170-strong organisation has headquarters in London and a presence in the USA, India, Australia, and Slovenia. An Oracle partner, Qubix was founded in 1987. As part of the deal, Qubix staff will integrate with Version 1′s team, with chief executive Julian Owens and group director of strategy and growth Paul Johnston stepping down.
“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 great career opportunities. We believe Version 1 is that good home. “Qubix brings a strong record to Version 1 in driving business agility and transformation and will strengthen the company’s existing Oracle ERP capability as well as providing springboards to international expansion in the Americas and Asia Pacific,” said Mr Owen’s. “I believe this arrangement will be good for everyone, most importantly the employees and customers of both Qubix and Version 1.