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Globe Telecom to Acquire US-based Cloud Consulting Firm Cascadeo for $4M

Globe Telecom to Acquire US-based Cloud Consulting Firm Cascadeo for $4M Image Credit: Cascadeo

Globe Telecom has entered into an agreement to acquire substantially all of the assets of US-based Cloud Consulting Companies, Cascadeo and Cascadeo Partners for US $4M. 

Founded in 2006, Cascadeo is one of only a few elite AWS Premier Consulting Partners in North America and is also a Managed Services Provider.  The company's expertise is on automation, Cloud-Native Platform as a Service, Data Analytics, Serverless Infrastructure and programmatic security.  

This investment echoes Globe’s trust to build a robust ICT portfolio and deliver tools and solutions that propel businesses to stay competitive towards the digital future. Globe’s vast resource pool and extensive reach in the Philippine market together with Cascadeo’s specialized expertise in cloud-based products and services bring forth synergies, which will be passed on to the Philippine and US enterprise clients through an upgraded cloud-based product and service offering. 

Ernest Cu, President and CEO, Globe Telecom
We will be leveraging on Cascadeo's Cloud-Native Consulting and Managed Services capabilities to further solidify our credibility as a cloud solutions provider for enterprises and small and medium business customers who are ready to digitally transform.

Jared Reimer, CEO of Cascadeo
We continue to be amazed by the talent of the Filipino workforce and partnering with Globe will be instrumental in helping us become an employer of choice as we broaden our footprint in the Philippine market.

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Author

Ray is a news editor at The Fast Mode, bringing with him more than 10 years of experience in the wireless industry.

For tips and feedback, email Ray at ray.sharma(at)thefastmode.com, or reach him on LinkedIn @raysharma10, Facebook @1RaySharma

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