Satalyst, one of the leading Microsoft cloud and security partners in Australia, has today announced that effective immediately it has been acquired by Canon Australia. Satalyst will join Canon Business Services (CBS), which is the cloud, IT services and business process automation company within the Group.
The strategic deal comes off the back of a strong growth period for the company, which has seen the business achieve 120 per cent revenue growth in the last two years.
Satalyst will broaden Canon Business Services’ capabilities in applications, security, data and AI, while providing Satalyst with the backing it needs to fast-track its expansion plans across Australia’s eastern seaboard.
The business combines technology, innovative thinking and delivery methods to help Australian organisations transition to Microsoft cloud technologies successfully and securely. Its customer footprint is primarily in Western Australia, South Australia and Queensland, including a major contract with state governments.
Satalyst CEO Todd Elliott said, “Our business has been on a massive growth trajectory for the past few years. We're reaching the stage where we need to significantly evolve and scale our operating model to keep tracking that trajectory. Joining with Canon Business Services (CBS) allows us to continue doing what we do best in supporting our clients and fast-track our expansion.”
Canon Business Services CEO Luke Clark said, “Satalyst is an excellent strategic, technical and cultural fit that broadens our capabilities. The business shares our values, is aligned with our customer portfolio and has enjoyed significant growth during the past two years. We’re thrilled to have them join the CBS family, growing our application, data and AI capability while deepening our security offering.”
Satalyst is a well-renowned Microsoft Gold Partner with over ten years’ experience successfully delivering solutions for customers around Australia. Satalyst’s modern approach to technology enablement has made it a preferred choice for government and businesses in Perth, Adelaide and Brisbane looking to transform and modernise their operations.
From its early days pioneering cloud application development and cloud-based data solutions, Satalyst has grown to become one of Australia’s most experienced and tenured Microsoft cloud and security partners with multiple gold competencies and advanced specialisations on the Microsoft Azure cloud platform.
Dave Yoshida, Managing Director of Canon Australia, said, “We’re thrilled to welcome Satalyst to the Canon family to further build our capability and offer to customers. We are uniquely positioned to support our customers in their digital transformation journeys, building on Canon’s reputation as one of the world’s most trusted brands, and a leader in professional and consumer imaging.”
For more information, please visit: https://satalyst.com/