Appirio on Monday said it will acquire Knowledge Infusion in a deal aimed at implementing cloud-based human capital management software at a broader scale.
Terms of the deal weren't disclosed.
The news, which should be good for companies like Workday and Salesforce, will create an organization with 600 consultants. Appirio has specialized in cloud and software as a service deployments. Knowledge Infusion has primarily focused on the HCM market.
Systems integrators such as Accenture, Deloitte and others have been rapidly building up cloud computing practices. Appirio and Knowledge Infusion both would have had to bulk up to compete.
Combined, the companies are billing themselves as the "largest cloud-powered HCM consultancy." Services will include cloud strategy, migration, integration and management as well as mobile via Appirio. Knowledge Infusion will offer core HR, benefits and payroll services as well as talent management.
Knowledge Infusion, which was launched in 2005, has 350 customers including large companies such as Amgen, Best Buy, Merck, Starbucks and Target. The acquisition brings some big names to the Appirio stable.
Jason Averbook, CEO of Knowledge Infusion, will become the chief business innovation officer at Appirio. Chris Barbin, CEO of Appirio, said the acquisition will give the combined company more heft to focus on cloud, mobile and social deployments.