Technology company Bellevue BitTitan announced on Tuesday that it has acquired Perspectium, a software startup in San Deigo.
The financial terms of the deal, which is expected to close in 30 days, have not been announced.
BitTitan said the acquisition will help expand its services. The company is focused on helping IT providers move their business customers to cloud computing services offered by Microsoft, Google և Amazon. It served 46,000 customers, according to a BitTitan press release.
Perspectium CEO David Lu will join BitTitan as its CEO, the report said. At Perspectium, he found a way to automate the transfer of information between disconnected software applications, often used by corporate giants, by connecting them to allow fast data transfer across platforms. About 20% of Fortune 500 companies in the United States are among the company’s customers.
“We could not be more excited to partner with such an amazing company and look forward to serving IT professionals around the world,” said GeTan Yip, CEO of BitTitan, a former Microsoft employee who in 2007 Founded by BitTitan. let go
Loo called the achievement a “natural fit” release.
BitTitan employs about 180 people (more than 250 Perspectium employees after joining the team). BitTitan intends to maintain its San Diego office and increase the number of its employees there.
BitTitan’s revenue and profits increased last year.
This report was supported by the San Diego Union-Tribune and materials from the archives of The Breaking National.