CSG acquires Oracle partner for education push

CingleVue provides technical, business consultancy and services, around Oracle solutions, for the primary and secondary education sector in Melbourne and Perth.

Denis Mackenzie at CSG said the service provider brings intellectual property and offers a suite of software solutions designed for schools, students and parents that extend and compliment Oracle’s offerings.

“CSG has been looking for opportunities to partner with Oracle for some time and acquisition of CingleVue hastens our ability to respond to these opportunities,” he said.

He claims CingleVue brings a 'pipeline in excess of $100 million in tender business in the local education space'.

Mackenzie said the acquisition represents the beginning of a strategic direction by CSG to add annuity type revenue to its ‘enterprise services division’.

“Any success in the application outsourcing space will also in many cases lead to opportunities to win infrastructure managed services contracts,” he said.

“The annuity revenue, multi-year contract opportunity this brings - for two out of three of our operating divisions - is significant.”

The latest deal comes off the back of CSG's acquisition of ATI Group in August.