Data analytics consultancy Servian has acquired DevOps specialist Vibrato in what it has called a multimillion deal.
As part of the deal, Sydney-based Servian has also taken a 40 per cent stake in Vibrato’s sister company Hava, a cloud visibility software business .
The acquisition will add around $10 million in revenue to Servian's bottom line by the end of the next financial year.
Peter Gatt, who founded the Melbourne-based Vibrato in 2014, will now join Servian as a partner, while Hava CEO James Martelletti will remain in his current role.Vibrato’s entire team of 50 staff members will join Servian, taking its total headcount to approximately 400 people.
Servian and Vibrato both partner with Amazon Web Services, Google Cloud and Microsoft Azure and expect the deal will help make customer migrations “more efficient”.
“Every business we speak to is trying to realise that vision,” Servian founder and CEO Tony Nicol said.
Nicol told ARN the Vibrato brand will remain in place for now, but will be "sensibly" transitioned over to Servian overt the course of the year.
Founded by Nicol in 2008, Servian now has offices in six Australian cities, plus ones in Auckland, London and Bangalore. In addition to the public cloud vendors, it also has technology partnerships with IBM, Tableau and Cloudera.
Vibrato meanwhile also has an office in Sydney and has partnered with HashiCorp, Sumo Logic, New Relic, MapR, Talent and Puppet.
“We’re focused on tackling complex problems to make people’s lives easier every day. It’s about getting ideas into production as quickly as possible,” Gatt said. “We talked to other interested parties but Servian felt like the best cultural fit. Both of our company’s clients are gaining access to a broader set of specialist skills.”
As a result of the deal, Servian is now planning to expand its presence further in the New Zealand market and also the UK through acquisitions before the end of the year.