Equiteq is pleased to announce that it has advised Singaporean analytics and AI specialist Just Analytics on its sale to global multi-cloud technology services company Rackspace Technology.
Just Analytics is an award-winning Microsoft Gold Partner with advanced specialization for Analytics on Microsoft Azure, providing cloud-based data, analytics, and Artificial Intelligence (AI) services to clients across the Asia Pacific region. Headquartered in Singapore, with additional presence in Vietnam and India, Just Analytics has more than 100 employees helping clients design and create scalable data pipelines using its proprietary data platform, Guzzle, coupled with new-age cloud-based data and analytics services that transform data into insights, giving customers a unified view of their information assets.
Rackspace Technology (NASDAQ: RXT), is a leading end-to-end multi-cloud technology services company with business customers in over 120 countries, and a team of more than 6,000 Rackers on four continents, most of them expert engineers. Rackspace Technology design, build and operate customers’ cloud environments across all major technology platforms, irrespective of technology stack or deployment model. Rackspace Technology partners with customers at every stage of their cloud journey, enabling them to modernize applications, build new products and adopt innovative technologies.
“By combining our capabilities with the Rackspace Technology global presence, resources, and scale, we can shift our focus to solely growing our existing business while Rackspace Technology integrates business functions to help us grow,” said, Hemanta Banerjee, Founder and Chief Architect for Just Analytics. “Our companies share a similar culture by differentiating ourselves through fanatical customer service, extensive technical training and certifications combined with unsurpassed relationships with key partners based on our capabilities, culture, and execution for customers.”
Commenting on Equiteq’s role, Hemanta Banerjee, Founder and Chief Architect of Just Analytics noted: “The Equiteq team has consistently and efficiently supported us throughout the process, from the initial preparation to the successful completion of the transaction. Their deep understanding of our business and industry and their commitment to finding the right acquirer and achieving the best possible outcome for Just Analytics have been essential to this achievement”.
Sylvaine Masson, Director of Equiteq APAC, added:“It has been a great pleasure working with the Just Analytics team during their growth journey and the completion of this transaction. We have been very impressed by how Just Analytics has developed its business over the past couple of years, unwaveringly following key strategic recommendations, under the leadership of an outstanding management team, resulting in the emergence of a clear leader in the cloud and data analytics space in the APAC region. Joining forces with Rackspace is a fantastic outcome which will enable the company to continue to thrive in the region and create great opportunities for both Just Analytics’ clients and its team”.
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