Interpath, in a move to expand its portfolio of solutions, announced today the purchase of Interliant's PeopleSoft ERP hosting and consulting business.
As part of the deal, Interpath now takes ownership of Interliant's managed application solutions (IMAS) ERP hosting division, based in Columbus, Ohio. The company will also take over contractual service of IMAS' ERP hosting client roster and its data center and support facilities.
The company says it has offered employment to 'substantially all' of the employees of the ERP hosting business.
"Our customers can be secure in the knowledge that they can focus on their core competencies utilizing Interpath's scalable skill, support and security," said Joel Schleicher, Interpath's chairman and CEO in a statement. "The acquisition of Interliant's PeopleSoft ERP hosting business unit will enable us to do just that."
"We have not only added PeopleSoft's best-of-breed solutions to Interpath's application portfolio, we have also acquired a ready-made team for their implementation."
Interpath, which is backed by Bain Capital and Progress Energy, has doubled the size of its sales force during the past four months. It has strategic partnerships with a number of other vendors, including Vignette, Microsoft, BroadVision and Pivotal.
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