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Acquisition of Computer Technology Resources by Applications Software Technology to Expand Cloud Ecosystem Services

Applications Software Technology
Applications Software Technology (AST) has announced the acquisition of Computer Technology Resources (CTR) to expand its service offerings in the Oracle and adjacent cloud ecosystems. This acquisition brings AST's extensive cloud and managed services experience to the Oracle Cloud Infrastructure (OCI) market, allowing it to offer customers more complete end-to-end solutions across Oracle, Amazon Web Services (AWS), Microsoft Azure, and Google.

The acquisition will strengthen AST's vertical expertise across multiple commercial industries, including manufacturing and healthcare, and expand its capabilities across the Oracle Cloud Application and Platform ecosystems, including supply chain, analytics, and NetSuite. The fact that AST bought CTR is a big deal for the Oracle and cloud ecosystems because it means customers can use end-to-end solutions from a trusted partner.

"We’re very excited to welcome CTR as part of the AST team," said Justin Winter, CEO of AST. "The CTR team brings a range of capabilities that both complement AST’s core services and expand AST’s offerings in additional markets. Together, we will continue to partner with our combined customers through enhanced service capabilities to transform their businesses and expand value through purposeful digital solutions."(Source: Businesswire)

The President and Managing Partner of CTR, Pankaj Mundra, will take on the role of Vice President at AST and play a role in expanding the combined business. Both companies are excited about the acquisition and believe it will lead to even greater outcomes for their customers and employees. Because of the acquisition, AST will be able to offer its customers an even wider range of solutions that cover the entire Oracle Cloud Application and Platform ecosystems.

About AST LLC

For more than 20 years, AST, a multi-award-winning provider of full-service enterprise solutions, has assisted clients in the government and private sectors with their digital transformations. Clients turn to AST for guidance and support as they use software solutions, process engineering, and change management to transform their organizations. All facets of SaaS, PaaS, and IaaS are covered by AST's services, from cloud computing to dated on-premises applications. Additionally, AST provides adaptable managed services to meet the demands of more than 200 customers globally.

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