Over 180 Technology M&A Transactions since 1998
50+ Years of Operational Expertise Across Managing Partners
Charlotte, NC; September 27, 2012 — Tiburon Technologies, a legacy modernization company, has been acquired by EMC Corporation, a global leader in enabling businesses and service providers to transform their operations and deliver IT as a service. Tiburon will immediately join EMC Global Services. EMC Global Services is the largest information-focused services organization in the world with 14,000+ professionals who provide consulting, implementation, integration, solution, education, management, and support services.
“Over the past two decades, Tiburon has worked hard to develop a comprehensive suite of services for legacy systems. The opportunity to deliver this capability on a broader basis has been at the heart of our efforts to expand our channels over the past few years. I wanted to be the first to tell you that one of the most important players in the IT industry has decided to help expand our reach.” said Martin Tarr, CEO at Tiburon Technologies.
As Tiburon explored opportunities for expanding and enhancing services to their customers, they discovered a tremendous alignment with EMC’s strategy. EMC’s acquisition of Tiburon further reinforces EMC’s strategy to help meet customer demand for solutions that enable clients’ journey to the cloud. EMC’s existing portfolio includes a variety of mainframe solutions and services. The acquisition of Tiburon expands that portfolio with the addition of a new set of consulting services. The Tiburon services complement the existing portfolio and enable EMC to drive a more strategic discussion with customers that demonstrates value across the application and information infrastructure, and speeds clients’ journey to the cloud.
About Tiburon Technologies
Tiburon Technologies is a national leader in Legacy Systems Modernization and Legacy Systems Support. Tiburon provides outsourced application support, database administration, maintenance and support of existing legacy systems. We provide a combination of onsite and domestic resources, a single point of contact, redundant critical resources, 24/7 coverage and a team approach. For more information, visit www.tiburontech.com
About EMC Corporation
EMC Corporation is a global leader in enabling businesses and service providers to transform their operations and deliver IT as a service. Fundamental to this transformation is cloud computing. Through innovative products and services, EMC accelerates the journey to cloud computing, helping IT departments to store, manage, protect and analyze their most valuable asset – information – in a more agile, trusted and cost-efficient way. Additional information about EMC can be found at www.EMC.com.
About DecisionPoint
DecisionPoint is a unique leader in M&A advisory services for middle-market technology companies and their venture capital investors in the software, services, cleantech, biotech, healthcare IT and communication sectors. For additional information on DecisionPoint, visit www.DecisionPointINT.com.
For further information, contact: Doug Ellis, Managing Partner; (704) 248-1122; dellis@decisionpointint.com.