
Axispoint, a leading software-development and consulting firm, has announced the acquisition of T2 Computing. The combined company has strong expertise in media, entertainment, and sports, and offers solutions in other core verticals including finance and insurance, healthcare, and technology. In addition, the acquisition is designed to address the media and entertainment industry's pivotal need for a strong, end-to-end partner in the content creation, management and monetization processes.
The combined deep expertise of Axispoint and T2 Computing immediately positions the company to provide comprehensive solutions designed to meet the largest and smallest IT and content challenges.
With a 20-plus year history of creating software solutions ranging from websites and mobile applications to full enterprise-level business systems for global media and business customers, Axispoint's acquisition of T2 Computing allows the combined companies to offer a single vendor solution for complete project and process management. This eliminates the need for multiple vendors and the challenges associated with coordination and management.
In large part, the industry has been forced to piece together total solutions from multiple providers, says Jerry Gepner, CEO of T2 Computing, Inc. For the media and entertainment industry, we think our value proposition is really powerful - eliminating the pain point of a piecemeal approach and substituting it with a solution that supports project inception to completion.
With combined revenues in the $75 million $100 million range, the new company can offer customers efficiency of scale in application development and engineering services, software design, creation, rollout and full lifecycle management along with hardware products and support services.
As media firms in broadcast, film and music need help managing digital assets, customizing software and building workflows, they're increasingly turning to IT companies with the expertise in both infrastructure and applications, says Dan DiSano, CEO and president of Axispoint. With the combined offerings of Axispoint and T2 Computing, we now have the ability to increase our service line in this client space and create the customized, seamless solutions that these companies need.
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