Technology consulting firm Avanade has entered into an agreement to purchase eight-year-old Seattle technology company Azaleos. As a result of the deal, terms of which weren’t disclosed, the 200 employees at Azaleos will be offered positions at Avanade.
Azaleos describes itself as a provider of remotely managed services for Microsoft Exchange, SharePoint and Lync, allowing organizations to remotely monitor and manage email, collaboration, and unified communications systems.
“Azaleos’ unique technology provides customers with the functionality and familiarity of Microsoft technology delivered in a way that provides more control at a lower cost, while offering enterprise service levels above the industry average,” said Avanade CEO Adam Warby in a statement.
The Azaleos technology plays a key role for organizations that are trying to manage the number of personal devices now connecting to corporate networks.
To capture more of the market opportunity faster, we believe Avanade’s global leadership in Microsoft services and our shared passion to help customers succeed made them the right partner for us,” Azaleos CEO Phil Van Etten said.
Backed with $28 million from Ignition Partners, Second Avenue Partners and others, Azaleos was named one of the top 30 fastest growing tech companies in North America as part of the Deloitte’s Technology Fast 500.
In an email to GeekWire, Ignition’s Richard Fade noted that the deal was a “great outcome” for investors:
“Azaleos has been a pioneer in managed services creating a platform for service delivery for private cloud customers – this is going to continue to be a big business especially for companies with compliance or security sensitivity. As the result you will see companies like Avanade beefing up their ability to deliver these services.”