Singapore-headquartered Cloudaron Group has completed the acquisition of encryption startup iTwin and cloud integration service provider Pro-Datech. The buys allow the group to better provide tools for large organisations to move their enterprise software onto the cloud.
While Pro-Datech prides itself with creating bespoke services as well as ensuring swift response time for their clients, iTwin lets their users access the internet securely from anywhere, through a user-friendly interface that requires only minimal IT knowledge. Both companies are Singapore-headquartered and experts in their areas: one in virtualisation and security, and the other end-to-end file encryption, plug-and-play virtual private network (VPN) and remote desktop aervices.
"Cloud computing transformation, for both large and small companies, is set to be one of the largest spending items for enterprise IT across Asia Pacific the next five years. The formation of Cloudaron Group is a step towards meeting this growing demand for cloud platforms and our goal of becoming Asia's leading partner to help organisations stay market-relevant," said CJ Ong, Cloudaron Group's Founder and CEO.
Cloudaron Group currently generates S$20 million in revenue per year and has plans to list itself on the SGX Catalist in the near- to mid-term. The Group has previously received funding from various individual and institutional investors, including Fatfish Internet Group, Incuvest and the National Research Foundation, a unit of the Prime Minister's Office of Singapore.
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