Globe Telecom through its wholly owned subsidiary, GTI Business Holdings has entered into an agreement to acquire 67% stake in Third Pillar Business Applications (TPBAI). The agreement likewise mandates TPBAI to acquire shares of Third Pillar Global Delivery Center, its outsourcing affiliate.
Third Pillar is the Philippines’s largest Gold Partner of Salesforce, the world leader in CRM solutions. Third Pillar has been instrumental in the growth of Salesforce in the Philippines, with a client roster which includes the country’s largest companies. It is also the exclusive local partner and reseller of Syniti (formerly BackOffice Associates), a US-based company that has been solving the world’s most complex data challenges for over 20 years.
This transaction forms part of Globe’s strategy to be the trusted advisor of enterprise customers in the Information and Communications Technology space by way of introduction and implementation of efficient, reliable and leading-edge technologies.
Ernest Cu, CEO and Globe President
The acquisition of Third Pillar expands our suite of cloud business offerings and this includes Software-as-a-Service applications, which is now the platform of choice of businesses who prefer faster service capabilities in a cost-effective manner.
Jennifer Ligones, President and CEO of Third Pillar
Globe’s investment in Third Pillar empowers both entities to face the digital future from a position of strength. Globe will be able to enhance its ability to provide enterprise business solutions to its customers, which is a critical complement to its core business.
