OST Expands Cloud Professional Services Offering by Acquiring Elite Microsoft Gold and Azure Expert MSP Partner, Stratum Technology – Yahoo Finance

Check back for results at 8:30 a.m. ET
Together, OST and Stratum lead the way in cloud technology services that help enterprise organizations rapidly accelerate digital initiatives
GRAND RAPIDS, Mich., Jan. 17, 2022 /PRNewswire/ — OST, a Midwest-based digital and IT consultancy, acquired Texas-based cloud service provider Stratum Technology on December 31, 2021. This acquisition expands OST's cloud services capabilities thanks to Stratum's deep technical expertise and certifications in both AWS and Microsoft. Stratum joins OST with architects, engineers and project managers who have developed relationships with top partners and carry advanced specializations such as the Microsoft Azure Expert Managed Services Provider designation.
For both organizations, the acquisition means that clients will have access to more support, experience and expertise than ever before.
"For 25 years, OST has walked alongside clients to architect, build and manage how and where technology runs," said OST President and CEO Meredith Bronk. "The acquisition of Stratum Technology is a reflection of rapid acceleration in this space and ensures that OST continues to drive meaningful and valuable outcomes for our clients."
In addition to expanding cloud services, this acquisition pairs two of the nation's leading experts in Microsoft Cloud for Healthcare. This reinforces OST's position as a premier partner for Epic cloud implementations in the United States.
This acquisition also comes on the heels of last year's integration of the well-known Minneapolis-based design firm, Azul Seven, one of several bold moves to target growth opportunities that allow OST to help leading companies accelerate their digital business models.
OST continues to seek new partnerships that not only enhance OST's capabilities but also promote OST's company culture. As a business that honors employees above all else, OST puts cultural compatibility at the top of the list when evaluating acquisitions. And acquiring Stratum is a perfect example of this approach.
"Stratum has been a market leader in cloud integration and managed services for the last six years," said Stratum CEO and Co-Founder Ryan Trimberger. "Our customers had an appetite for other services that were outside of our core business, and we found OST to be the perfect fit both technically and culturally for our employees and customers. This acquisition with OST is a strategic move to better serve our customers as demand grows for cloud, IoT, healthcare-focused cloud deployments and managed services."
About OST
OST is an integrated, cross-functional business technology firm bringing together strategy & insights, digital experiences, connected products, data center transformation and enterprise managed services as we work alongside clients to optimize and grow their businesses. With offices located in Grand Rapids, Detroit, Minneapolis, and London, OST engages in ways that make the most sense and yield the best results for global Fortune 2000 companies to funded startups. This is all wrapped in a friendly, flexible, people-centered culture. OST has been recognized in Inc. Magazine's 5,000's Fastest-Growing Private Companies, CRN's Tech Elite 250, and as a National Best & Brightest Company to Work For.
View original content to download multimedia:https://www.prnewswire.com/news-releases/ost-expands-cloud-professional-services-offering-by-acquiring-elite-microsoft-gold-and-azure-expert-msp-partner-stratum-technology-301462046.html
SOURCE OST
The yield-sensitive Nasdaq Composite Index on Wednesday logs its first close in correction territory since March. Here's what history says happens next.
Nvidia (NASDAQ: NVDA) owned the discrete graphics card market in 2021, and its efforts to boost supply didn't give rival Advanced Micro Devices (NASDAQ: AMD) even an inch in this lucrative space. Jon Peddie Research points out that Nvidia was the only graphics card manufacturer that increased its shipments in the third quarter of 2021. For comparison, Nvidia had an 82% share of the discrete GPU market under its control at the end of the fourth quarter of 2020.
Let’s talk about quality stocks. Of course, this is the direction that every investor wants to go; but the question is, how to recognize them? Do we go all-in on the big-value, big-name giants? Or do we dig a little deeper, and find the high-end nuggets that are hiding in the sandheap? Weighing in from investment bank Morgan Stanley, chief investment officer Lisa Shalett recommends the latter. She recommends investors to look for beaten-down stocks, equities that have lost value recently – but t
Bond yields are down and the tech-heavy Nasdaq is heading out of correction territory. For Chinese tech stocks, there's another factor at play.
Both Palantir and Snowflake have experienced heavy sell-offs as technology stocks undergo a correction.
Though crashes and corrections are inevitable, they're also an ideal opportunity to buy great stocks at a discount.
Select analysts and investment banks see "high" return potential for these cannabis stocks.
Shares of Ford Motor Company (NYSE: F) were trading down on Wednesday, after the company previewed a series of one-time items it expects to report with its fourth-quarter earnings. As of 1 p.m. ET, Ford's shares were down about 7.2% from Tuesday's closing price. At first glance, Ford's preview, released after the U.S. markets closed on Tuesday, was good news.
For the past 12 years, growth stocks have shone brightly on Wall Street. Below are five growth stocks with all the tools and catalysts necessary to make you richer in 2022 (and likely well beyond). The first fast-paced stock with the potential to drive home solid gains for investors throughout 2022 is electric vehicle (EV) manufacturer Nio (NYSE: NIO).
As leaders in their industries with impressive business performance, these two companies are worth buying right now.
Reconnaissance Energy Africa Ltd. (the "Company" or "ReconAfrica") (TSXV: RECO) (OTCQX: RECAF) (Frankfurt: 0XD) is pleased to provide an update on operations and appoints two new directors to its board, Craig Steinke and Dr. Joseph Davis, effective immediately. Mr. Steinke will assume the role of Executive Chairman.
Inflation is red-hot. Keep up with these dividend growers.
Still earning peanuts in your savings account? These 3 income stocks might help.
After posting explosive gains yesterday, shares of Digital World Acquisition (NASDAQ: DWAC) and Phunware (NASDAQ: PHUN) are giving up ground in Wednesday's trading. With excitement building around Trump Media & Technology Group's upcoming Truth Social media platform and a recent rally held by the former president potentially pointing to another presidential campaign in 2024, Digital World Acquisition and Phunware surged on Tuesday. Digital World Acquisition is a special purpose acquisition company (SPAC) that's on track to take Trump Media & Technology Group public through a merger, and Phunware is being eyed by investors as a potential software service provider for Truth Social or another White House bid.
Well-chosen growth stocks can help you earn a fortune in the stock market. As the world's largest chip foundry, Taiwan Semiconductor Manufacturing (NYSE: TSM) stands to profit from this global megatrend perhaps more than any other company. TSMC, as the company is known, manufactures chips designed by companies like Apple, Advanced Micro Devices, and Qualcomm, as well as hundreds of other customers.
The market correction worsened Wednesday. Some stocks in the beat-up software sector are worth watching.
History suggests market dips are a great time to buy stocks, but not all individual companies are created equal.
Like many of its peers in the fintech sector, Sofi Technologies (SOFI) stock has been taking a hammering over the past few months. However, that all changed on Wednesday, after the company was granted the long-hoped-for U.S. banking charter by the Office of the Comptroller of the Currency. The much-needed sentiment boost could help kick off a turnaround and Wedbush’s David Chiaverini believes the final hurdle cleared on the path to becoming a bank should “accelerate earnings growth.” However, th
Brace for stock market volatility, warns this top investing strategist.
Tilray Brands (NASDAQ: TLRY) reported its latest quarterly results last week. Using three charts, I'll look at just what drove those improved numbers and whether Tilray had a good quarter or not, and determine if it looks to be a better buy right now. In the company's second-quarter results, for the period ending Nov. 30, 2021, Tilray reported net revenue of $155.2 million.

source