Alsbridge Acquires Telwares and Creates Network Sourcing & Transformation Powerhouse
Alsbridge, Inc., acquires Telwares Inc., a leading consulting firm that provides network optimization and IT transformation services to clients worldwide.
January 2, 2013 (Newswire.com) - Alsbridge, Inc., the global leader in data-driven benchmarking, outsourcing and transformation services for CXO executives announced today the acquisition of Telwares Inc., a leading consulting firm that provides network optimization and IT transformation services to clients worldwide.
The acquisition of Telwares by Alsbridge, for an undisclosed sum from One Equity Partners, the private investment arm of JP Morgan Chase, creates the world's largest supplier-neutral network procurement, outsourcing and transformation advisory firm. With over 200,000 data points and market intelligence garnered from thousands of sourcing transactions, the combination provides clients with absolute clarity and transparency of price and performance in enterprise networking.
"Alsbridge continues to enhance our core service offerings and add adjacent capabilities to deliver even more value to our CXO clients. The addition of Telwares improves our already strong capabilities in network, hardware and software," said Ben Trowbridge, founder and CEO of Alsbridge Inc. "We look forward to continued growth in 2013 as the CXO's trusted advisor for benchmarking, outsourcing and transformation across their entire IT and back office."
Telwares is the number one network cost optimization and transformation service consulting firm for Fortune 500 companies with a broad portfolio of advisory, strategic sourcing, technology assessment, network design, and supplier management solutions for network, hardware and software costs. "We are proud to bring our expertise, solutions and deep Fortune 500 relationships to the Alsbridge portfolio," said Dave Muller, President of Telwares. "With an unrivalled team of expert resources, a superior portfolio of service offerings and global market presence, our combined companies are positioned for substantial growth and to deliver exceptional results for clients."
Alsbridge's unsurpassed experience in network transformation consultancy dominates the worldwide market and is paramount to the success of Global 2,000 companies. "Every enterprise is looking to tap the power of technology transformation to outperform and innovate faster than their competitors. Moving to the next generation networks is a key step necessary to enhance customer experience via intelligence, enable Bring Your Own Device (BYOD) policies, leverage cloud applications, and mine Big Data," said Dieter Thompson, Senior Managing Director of Alsbridge Inc.'s network sourcing practice. "With this acquisition, Alsbridge has unprecedented capabilities to help organizations drive substantial cost savings and create measurable competitive advantages."