Rackspace Acquires TriCore Solutions

Published by: https://www.channele2e.com
Source URL: hhttps://www.channele2e.com/2017/05/25/rackspace-buys-oracle-sap-applications-msp-tricore-solutions/

Rackspace has acquired TriCore Solutions, a managed services provider (MSP) focused on Oracle and SAP applications, the companies have confirmed. The move comes at a critical time for Rackspace, which has experienced a CEO change, layoffs and an ownership change in the past year.

On the executive front, Rackspace this week named Joe Eazor (photo, top) as its new CEO, succeeding Taylor Rhodes, who resigned earlier this month. Eazor formerly was CEO of EarthLink. He has also held key roles at EMC, HP and EDS.

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Rackspace, instead of competing head-on against Amazon Web Services and Microsoft Azure, has introduced managed services for third-party clouds and applications. TriCore, at least on paper, aligns well with that strategy. TriCore’s expertise includes Oracle and SAP applications management — particularly apps that address enterprise resource planning (ERP), manufacturing, logistics, procurement, supply chain management, customer service, HR and financial operations.

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