Bridge Growth Partners Makes Majority Investment in BackOffice Associates

August 8, 2017

Accenture boosts analytics capabilities with Search Technologies acquisition

Accenture has announced the acquisition of Search Technologies, a Virginia-based technology services firm specializing in the design, implementation and management of big data and search analytics. The nearly 200 data engineers from Search Technologies will join Accenture Analytics with the purpose of developing and industrializing products that make unstructured content, such as social media and video, easily searchable in order to support data discovery, analytics and large-scale reporting.

In other announcements...

Bridge Growth Partners makes majority investment in BackOffice Associates

Bridge Growth Partners, LLC, announced it has signed a definitive agreement to make a majority equity investment in BackOffice Associates, a company specializing in information governance, data stewardship and data migration solutions. Although Goldman-Sachs is also a key investor in the company, Bridge Growth Partners will become the majority investor. BackOffice plans to use the investment to accelerate its growth by fueling R&D development and innovation for its data stewardship platform and information governance solutions, as well as continue to build out its consulting organization and expanding its systems integrator partnerships. 

Harmon.ie adds natural language processing and machine learning capabilities

harmon.ie announced its latest generation topic computing solution, Collage for Dynamics 365. The product leverages harmon.ie's Collage technology, which utilizes natural language processing and machine learning to uncover and associate topics across multiple apps. College for Dynamics 365 enables workers to focus on key opportunities and accounts, without being bombarded with notifications from disconnected apps, such as email, the company said. 

Stibo Systems expands MDM features with STEP Trailblazer 8.2

Stibo Systems announced the immediate availability of STEP Trailblazer 8.2, the latest version of its master data management (MDM) solution. STEP 8.2 includes new functionalities that aim to make deeper insights more accessible, the interface more usable and actionable, and business processes and workflows more automated and efficient. “STEP Trailblazer 8.2 is a feature-packed release, and every new capability is specifically designed to deliver more actionable insights that allow our customers to confidently outperform in today’s digital economy,” said Prashant Bhatia, chief marketing officer and head of product strategy at Stibo Systems. 

Iron Man to purchase MAG Datacenters for $128M

Iron Man Incorporated, a storage and information management services company, has agreed to purchase MAG Datacenters, LLC, which operates FORTRUST, for approximately $128 million. The acquisition will provide Iron Mountain with expansion potential within FORTRUST’s existing facility of approximately 38,000 rentable square feet of colocation space that will support another 7 megawatts of high-density data capacity. 

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Goldman Sachs to Sell BackOffice Associates to Bridge Growth
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