CloudBlue acquires Harmony Business Systems To Help Better Transform Managed Service Providers

CloudBlue, one of the world’s leading cloud companies, is continuing to ramp up its M&A activity. Today it’s announcing that it has acquired Harmony Business Systems, parent company of HarmonyPSA, an open-platform PSA solution that aims to scale services-based revenue and reduce operational complexities.

Terms of the two new deals aren’t being disclosed. UK-based HBS will independently operate HarmonyPSA, to serve customers around the world. 

Founded over a decade ago and with customers in over a dozen countries, HarmonyPSA’s platform has one of the highest customer satisfaction ratings in the industry.  The platform was purpose-built to manage any type of service by unifying sales, operations and finance functions. 

Considered the most complete cloud PSA software on the market, its solutions include automated billing and reconciliation, real-time profitability analysis, an industry-leading customer support center and network operations center.

Said Steve Powell, CTO of Harmony Business Systems, “We’re extremely excited to join the CloudBlue family to capitalize on our shared commitment of driving growth for our customers.”

“By working together, we will dramatically scale our customer base and expand our offering across various marketplaces.”

CloudBlue provides a hyperscale platform with solutions that allow providers to launch and manage an omni-product, multi-tier and multi-channel marketplace. The organization powers more than 200 of the world’s largest provider cloud marketplaces,

More information on HarmonyPSA can be found at www.harmonypsa.com.

Team TechPanda

Recent Posts

The wise thing to do is work in tandem with AI regulation by keeping the human element relevant

Does AI need to be reined in? Will putting regulations on AI curb the progress…

16 hours ago

Tech Panda’s 40 under 40 tech innovators of 2024 

By definition of the Merriam-Webster dictionary, ‘technology’ means ‘the practical application of knowledge especially in…

17 hours ago

Nvidia, AI, and Bitcoin Take Center Stage in 2024 Tech Trends

This is the second-last edition of this year's "Tech, What the Heck!?" newsletter. To commemorate…

4 weeks ago

China and Vietnam’s Digital Harmony: The Formula for Tech Complacency

Imagine you’re a fish who’s given up on the idea that a fishing net is…

1 month ago

Cybersecurity in the age of Digital Transformation 

The intersection of opportunity and vulnerability has never been more pronounced in today’s era where…

1 month ago

How partnerships are driving a new era of dynamism for the global tech industry 

Although Europe’s tech sector has helped to deliver solutions that span the breadth from fintech…

1 month ago