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George Anderson
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Corevist Acquires Grassroutes Networking
RALEIGH, NC, September 2017 – Corevist, a global provider of SAP eCommerce solutions, announced today that it will purchase Grassroutes Networking, a Raleigh-based provider of IT networking and security solutions. The deal will give Corevist full control of its IT stack, which hosts an SAP eCommerce application used by Fortune 100 and 500 companies around the globe. As Corevist’s international business continues to grow, this acquisition will bring more IT jobs to the Research Triangle.
While Grassroutes will operate as a separate company, the acquisition will allow Corevist to secure premium network access for its clients at a competitive price. This fits Corevist’s strategic vision as an eCommerce solutions provider for SAP companies. It ensures that Corevist will continue to meet the high performance demands of its web-based eCommerce application, which accesses clients’ global SAP systems in real time.
Grassroutes has long been Corevist’s strategic partner in hosting SAP eCommerce integrations. This partnership has allowed Grassroutes to gain experience with international data centers and major global corporations. The acquisition will allow both companies to collaborate more fully, bringing a new level of IT expertise to the Research Triangle community.
“The acquisition of Grassroutes is a huge win for both companies,” said Dr. Sam Bayer, PhD, Founder and CEO of Corevist. “Corevist will now have vertical control of the infrastructure that our eCommerce application depends on. Grassroutes will get more exposure to international clients. That’s good for business in the Research Triangle.”
WHEN:
September 2017
WHERE:
Raleigh, NC, USA
About Corevist, Inc.
Corevist helps manufacturers and distributors who run SAP to improve the online B2B order-to-cash process for their customers. Corevist is an official Magento Commerce Technology Partner, specializing in integrating Magento with SAP. Corevist is also SAP-certified on the SAP NetWeaver technology platform. Corevist’s application leverages existing SAP installations to provide seamless eCommerce functionality with 90-day implementation windows at a fraction of competitors’ costs. Corevist is headquartered in Raleigh, NC, with offices in New York, Pennsylvania, Maine, Belarus, and Germany. For more information, call (919) 424-2120 or visit www.corevist.com