This is technology M&A deal number 397 that ChannelE2E has covered so far in 2021. See all technology M&A deals for 2021 and 2020 listed here.
Oblivion is based in the Benelux region – the politico-economic union made up of Belgium, the Netherlands and Luxembourg – in Western Europe. Xebia points out that Oblivion was one of the first consulting firms in the region to adopt Amazon Web Services, working with a number of leading regional clients.
Xebia, based in the Netherlands, was founded in 2001. The company has at least 12 locations around the world, including one in Atlanta, Georgia. Xebia provides digital transformation capabilities including cloud, data, AI, Agile, DevOps, and software consulting.
Oblivion will be renamed “Oblivion: proudly part of Xebia”, according to the buyer. This model adapts to the Xebia mold – the company manages several brands, including the cloud specialist Binx.io and data and AI specialist GoDataDriven.
Xebia acquires Oblivion: huge aspirations
Andrew de la Haije, CEO of Xebia, commented on the most recent agreement:
“When it comes to cloud technology, Xebia’s aspirations are huge. As an advanced AWS consulting and training partner, we have developed a strong relationship with AWS. In addition to focusing more, Oblivion brings the breadth and depth we need to complete the most difficult cloud projects for our customers in the Benelux and beyond.
Edwin van Nuil, CEO of Oblivion, said:
“We are very excited about the opportunities ahead. By working with Xebia, we are moving closer to our goal of becoming one of the leading cloud service partners in Europe. In addition to the operational efficiency gains, this collaboration also allows us to offer additional services while preserving our AWS-only strategy and the down-to-earth approach that our customers know and appreciate.
Bart Verlaat, CEO of Binx.io, added:
“Oblivion provides our customers with a clear point of contact for all things AWS. I think they are the most experienced AWS partner in the Benelux, really living and breathing every aspect of Amazon Web Services. In the short time that we have been working together, our clients have already experienced the added value of their expertise.
Eric Carbijn, co-founder of Oblivion, said:
“Like Xebia, we believe in focus. With so much expertise within the group, we can now offer our customers a “one-stop-shop” experience. From cloud engineering to managed services, including machine learning, multicloud solutions, data and AI, cloud native software development and security.
Oblivion will continue to operate under the current management of Edwin van Nuil and Eric Carbijn, the companies said.
Previous acquisitions of Xebia, financing
Xebia has experience in mergers and acquisitions. The company has previously acquired:
- CoMakeIT in May 2021 for software development expertise; and
- Appcino in March 2021 for low-code consulting and Appian expertise.
Xebia raised $ 100 million in Series B funding in 2018. The main investors are Susquehanna Growth Equity and Accel.