Sierra Atlantic Acquires Baytree Associates, Enhancing Onshore Capabilities
* Reuters is not responsible for the content in this press release.
FREMONT, CA, Apr 06 (MARKET WIRE) --
Sierra Atlantic Inc., an information technology services provider
recognized for outsourcing Oracle(R) and product engineering solutions,
today announced that the company has acquired Baytree Associates, a
Charlotte, North Carolina-based full-service consulting firm and Oracle
solutions provider. Baytree has more than 100 deployments in the United
States in the healthcare and financial services sectors.
"Baytree is part of our increased investment to expand our footprint in
what we call the New Oracle Economy," said Raju Reddy, CEO, Sierra
Atlantic. "This merger demonstrates progress towards that goal. By
combining our strengths, we are building expertise serving marquee
customers in key industries."
The deal helps Sierra Atlantic, a Platinum Partner in the Oracle
PartnerNetwork (OPN), further consolidate its already strong position as
one of the top Oracle solutions and managed service providers. This is
the company's third acquisition in the Oracle space in the past few
years. The Baytree acquisition extends and strengthens Sierra Atlantic's
rapidly growing presence in the Eastern United States, and will also
deliver higher value consulting to its customers.
"Sierra Atlantic will not only grow its market opportunities and presence
with this acquisition, but by adding this new team of consultants, we
will further leverage our exceptional global experts, as well as our
delivery facilities in China and India, allowing us to continue to
deliver unparalleled service to our Oracle customers," said GK Murthy,
executive vice president, Sierra Atlantic.
Baytree Associates, founded in 1994, is known for expertise in Oracle
solutions. It was one of the first companies accepted into the Oracle
partner program, and maintains Certified Advantage Partner (CAP) status.
Moving forward, all Baytree Associates staff will be transitioned to
Sierra Atlantic full-time without relocation, ensuring smooth operations
for all existing customers. The Baytree Associates brand will be phased
out with the acquisition.
"We are excited about the additional opportunities we can pursue with
increased resources and capabilities that Sierra Atlantic provides," said
Greg Lovette, CEO, Baytree. "The decision to come into the Sierra
Atlantic fold was easy because of our similar commitment to Oracle and to
providing the best service possible."
The deal was completed on April 1, 2010.
About Sierra Atlantic
Sierra Atlantic is the leader in enterprise
applications and outsourced product development with expertise derived
from deep R&D relationships with enterprise software leaders such as
Oracle and Microsoft. Sierra Atlantic is a partner of choice for the
world's leading and progressive companies that look for expertise in full
lifecycle product development and IT services including implementation,
integration, development, testing, and support. Headquartered in Fremont,
California, the company operates in 20 countries across North America,
Europe, and Asia Pacific, and has its award-winning delivery centers in
India and China. For more information, please visit
www.SierraAtlantic.com
Media Contact:
Fusion Public Relations
Heather Lukens
heather.lukens@fusionpr.com
+1 212 651 4227
Copyright 2010, Market Wire, All rights reserved.
-0-
Comments (0)
This discussion is now closed. We welcome comments on our articles for a limited period after their publication.


Follow Reuters