Printer Friendly
The Free Library
19,607,059 articles and books
Member login
User name  
Password 
 
Join us Forgot password?

BlueStar Solutions Acquires Agilera.


Business Editors/High-Tech Writers

CUPERTINO, Calif.--(BUSINESS WIRE)--April 1, 2003

Visionary Deal between Two Leading Application Outsourcers Creates

Industry Powerhouse with Extensive Range of Service Offerings,

Financial Strength, and Large Installed Customer Base.

BlueStar Solutions, a leading enterprise application outsourcing provider, announced today that it has signed a definitive agreement to acquire Agilera, Inc., a full-service application service provider based in Englewood, Colorado Englewood is a city in Arapahoe County, Colorado, USA. As of 2005, the city is estimated to have a total population of 32,350.[5] It is part of the Denver-Aurora Metropolitan Area. . Agilera shareholders will exchange their shares for shares of BlueStar Solutions, and Agilera will become a wholly-owned subsidiary of BlueStar Solutions. The combined company will be headquartered in Cupertino, California.

The acquisition dramatically broadens the range of service offerings for customers, significantly increases the company's market share, and results in greater financial strength and stability. Thomas F. Kelly, Chairman and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board.  of BlueStar Solutions, will continue in that role for the combined company. Shaun Gilmore, CEO of Agilera, will join the BlueStar Solutions Board of Directors.

Industry analysts hailed the merger as an exciting development that confirms the long-held view that the application outsourcing market for SMBs will be dominated by a few financially stable industry leaders that offer customers broad service offerings, real security, and consistent high levels of service.

"The outsourcing market for small and medium-sized enterprises is poised for tremendous growth," said Dean Davison, Vice President and Service Director of META Group's Outsourcing and Service Provider Strategies group. "While most successful outsourcing providers have specialized in a single application, market consolidation will enable these same vendors to successfully expand their reach and further leverage success in the mid-market."

"Focusing internal IT resources on a company's core business and outsourcing 'critical but non-core' functions is becoming a smart business strategy for mid-sized companies," said Jessica Goepfert, IDC Program Manager, Appsourcing and Research. "Customers will benefit from the acquisition through a broader suite of products, expanded operations, and increased security."

The combination of two of the industry's leading full-service enterprise application outsourcing companies List of Outsourcing Firms<ref name="who" />
Revenue (USD) Logo Company Headquarters Country of Largest Employment Service
$3300 million
 has created a formidable force in the marketplace. BlueStar Solutions' customer base has significantly increased, resulting in a strong presence in manufacturing, healthcare, financial services The examples and perspective in this article or section may not represent a worldwide view of the subject.
Please [ improve this article] or discuss the issue on the talk page.
, retail, business services, and the public sector. BlueStar Solutions will now have over 100 customers and 60,000 hosted users.

With the addition of Agilera's service offerings, BlueStar Solutions now offers hosting services for a much wider array of enterprise applications, including major packaged ERP (Enterprise Resource Planning) An integrated information system that serves all departments within an enterprise. Evolving out of the manufacturing industry, ERP implies the use of packaged software rather than proprietary software written by or for one customer.  solutions, messaging solutions, and an array of technology services to support them. Customers can select from a variety of solutions or choose to outsource more of their IT operations to a single provider thus extending and enhancing their derived outsourcing benefits. In addition, customers will have an easier transition path should they elect to either add new ERP solutions or migrate to a new ERP solution as their company's needs evolve.

The combined organization will be staffing corporate data centers and technical centers of expertise in Phoenix, Arizona Phoenix /ˈfiːˌnɪks/ (English: Phoenix, Navajo: Hoozdo, lit. "the place is hot", Western Apache: Fiinigis) is the capital and the most populous city of the U.S. , Columbia, South Carolina Columbia is the state capital and largest city of South Carolina. As of 2006, estimates for the population of the city proper is 122,819[1]. Columbia is the county seat of Richland County, but a small portion of the city extends into Lexington County.  and Dallas, Texas “Dallas” redirects here. For other uses, see Dallas (disambiguation).
The City of Dallas (pronounced [ˈdæl.əs] or [ˈdæl.
. This expansion results in more delivery options for customers and provides additional backup facilities for those customers interested in extended high availability Also called "RAS" (reliability, availability, serviceability) or "fault resilient," it refers to a multiprocessing system that can quickly recover from a failure. There may be a minute or two of downtime while one system switches over to another, but processing will continue.  and disaster recovery solutions.

"BlueStar Solutions' mission has been to lead the industry in providing customers who have chosen SAP with a broad choice of service offerings delivered at the highest levels for an attractive ROI (Return On Investment) The monetary benefits derived from having spent money on developing or revising a system. In the IT world, there are more ways to compute ROI than Carter has liver pills (and for those of you who never heard of that expression, it means a lot). ," said Mr. Kelly. "Our acquisition of Agilera provides us with the ability to serve customers who have made packaged application decisions for both ERP and Messaging Applications while maintaining our commitment to expand our SAP base of business. We will now be able to serve a broader range of customers with an equally high level of service. We clearly believe this move strengthens our approach to market and accelerates the achievement of our financial goals."

"We are thrilled to be joining forces with BlueStar Solutions," said Shaun P. Gilmore, CEO of Agilera, Inc. "Agilera's suite of enterprise application management and messaging services are an excellent fit with BlueStar Solutions' popular offerings. Together, we will provide customers throughout the mid-level market with the most robust set of solutions in the marketplace."

Terms of the acquisition were not disclosed.

About Agilera

Agilera, Inc. is a full-service, enterprise application service provider that delivers high quality, value-priced application management and technology services to businesses in a variety of industries, including manufacturing, healthcare, financial services, retail, business services and telecommunications. Agilera's economies of skill, scale and speed provide businesses the freedom to concentrate on their core capabilities while achieving quicker time-to-benefit with new application functionality and new releases, faster return on investment, reduced costs, and a lower overall Total Cost of Ownership (TCO (1) (Total Cost of Ownership) The cost of using a computer. It includes the cost of the hardware, software and upgrades as well as the cost of the inhouse staff and/or consultants that provide training and technical support. See ROI. ). Agilera, Inc. is headquartered in Englewood, Colorado and backed by a solid team of investors, including NTT/Verio, Centennial Ventures, CIBER CIBER Center for International Business Education and Research (various locations)
CIBER Center for International Business and Research (Michigan State University)
CIBER Cellular Inter-Carrier Billing Exchange Record
, Inc., Wachovia Capital and Providence Equity. For more information, please visit www.agilera.com.

About BlueStar Solutions

BlueStar Solutions is a leading provider of enterprise application outsourcing services. By delivering dependable, secure, high-performance, guaranteed solutions, BlueStar Solutions enables their customers to reduce IT costs and mitigate risks while receiving unparalleled service. BlueStar Solutions' services support a customer base of 35,000 hosted users in over 20 countries. The company is headquartered in Cupertino, California with Data and Service Centers in Arizona and Texas. BlueStar Solutions is backed by Morgan Stanley To comply with Wikipedia's , the introduction of this article needs a complete rewrite. , Trident Ventures, Dell, meVC Draper Fisher Jurvetson Draper Fisher Jurvetson (DFJ) is a venture capital firm based in Menlo Park, California with affiliate offices in more than 30 cities around the world and over $4.5 billion in capital commitments.  Fund I, and ACS (Asynchronous Communications Server) See network access server. . For more information, please contact BlueStar Solutions at 1.800.944.3454 or visit the company's website at www.bluestarsolutions.com.

Note to Editors: SAP, mySAP and all other SAP products This presents a list of products of the enterprise software company SAP AG. Enterprise Applications
  • SAP
  • Customer Relationship Management (CRM)
 and services mentioned herein are trademarks or registered trademarks of SAP AG in Germany and several other countries.
COPYRIGHT 2003 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2003, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

 Reader Opinion

Title:

Comment:



 

Article Details
Printer friendly Cite/link Email Feedback
Publication:Business Wire
Geographic Code:1USA
Date:Apr 1, 2003
Words:929
Previous Article:Salem Radio Network Announces Landmark Concert Event; ``Gallagher's Army presents The Marshall Tucker Band to Benefit our Military Families''.
Next Article:Skinner to Retire as Head of USFreightways.



Related Articles
Agilera Opens Eastern Operations Center; South Carolina Gov. Jim Hodges Applauds Agilera's Commitment to High Technology Jobs.
BlueStar.net Names Executive Vice President of Sales and Marketing.
Agilera Announces Merger With Applicast; Combination to Create Largest Privately Held Full-Service ASP.
Agilera, DigiTerra Bring ResortQuest's Financials Online.
Agilera Partners With Frontstep.
Agilera Poised For Applicast Take-Over.
South Dakota Taps Agilera For ASP Services.
Agilera Delivers ASP Solution For SmartMail.
SAP Gives BlueStar Solutions Public Services Certification.

Terms of use | Copyright © 2012 Farlex, Inc. | Feedback | For webmasters | Submit articles