Huron Consulting Group to Acquire Cloud62
Company Enhances Salesforce.com Capabilities
“Cloud62 is an innovative partner in the Salesforce ecosystem,” said
Cloud62 is based in
“We are pleased to join forces with the highly respected team at Huron. Together, we can assist companies in leveraging data within their enterprise to enhance customer experience—a priority in today’s competitive marketplace,” said Suchak. “Cloud62’s understanding of Salesforce combined with Huron’s industry expertise and analytics services will allow us to better serve our clients.”
For reporting purposes, Cloud62 will be included in the Huron Business
Advisory segment, which includes the EPM & Analytics practice. Terms of
the acquisition, which is expected to close in
About Huron’s Enterprise Performance Management & Analytics Practice
Enterprise Performance Management & Analytics practice delivers
solutions that help organizations manage and optimize their financial
performance, operational efficiency, and client experience. With
expertise in full-service enterprise performance management, business
analytics, CRM, and big data professional services, Huron helps global
clients across industries drive results and gain competitive advantage.
Our comprehensive offerings include organizational improvements and
software consulting leveraging both cloud and on-premise configurations.
Huron is a Platinum level member of Oracle PartnerNetwork (OPN) and a
Silver level partner of the
Statements in this press release that are not historical in nature, including those concerning the Company’s current expectations about its future requirements and needs, are “forward-looking” statements as defined in Section 21E of the Securities Exchange Act of 1934, as amended, and the Private Securities Litigation Reform Act of 1995. Forward-looking statements are identified by words such as “may,” “should,” “expects,” “provides,” “anticipates,” “assumes,” “can,” “will,” “meets,” “could,” “likely,” “intends,” “might,” “predicts,” “seeks,” “would,” “believes,” “estimates,” “plans” or “continues.” These forward-looking statements reflect our current expectations about our future requirements and needs, results, levels of activity, performance, or achievements. Some of the factors that could cause actual results to differ materially from the forward-looking statements contained herein include, without limitation: failure to achieve expected utilization rates, billing rates and the number of revenue-generating professionals; inability to expand or adjust our service offerings in response to market demands; our dependence on renewal of client-based services; dependence on new business and retention of current clients and qualified personnel; failure to maintain third-party provider relationships and strategic alliances; inability to license technology to and from third parties; the impairment of goodwill; various factors related to income and other taxes; risks relating to information security; and a general downturn in market conditions. With respect to our acquisition of Cloud62, additional factors that could cause actual results to differ materially from the forward-looking statements contained herein include, among others: the occurrence of any event, change or other circumstances that could give rise to the termination of the purchase agreement entered into with Cloud62; the ability to satisfy all conditions to completion of the acquisition of Cloud62 and complete the proposed acquisition; our ability to successfully integrate Cloud62 and to achieve expected benefits; failure to retain employees of Cloud62; and the disruption of management's attention from our ongoing business operations due to the acquisition of Cloud62.
These forward-looking statements involve known and unknown risks,
uncertainties and other factors, including, among others, those
described under “Item 1A. Risk Factors” in our Annual Report on Form
10-K for the year ended