Broomfield-based Datavail, a company that manages databases for businesses, will announce Tuesday that, as a first step in its expansion plan, it has acquired Seattle-based Blue Gecko, a firm that also manages databases for business.
“The acquisition will double the number of our customers,” said Mark Perlstein, chief executive of Datavail.
Perlstein declined to disclose financial terms of the deal but said the acquisition of Blue Gecko is a first step toward the firm’s geographic expansion plan that aims to put it in major U.S. cities.
“Seattle will obviously be an important penetration into the Pacific northwest. But we have plans to immediately execute a northeastern region expansion between August and September,” Perlstein said.
“Then several months after that we will look to Texas, as well as California,” he said, adding Datavail will remain headquartered in Broomfield.
Perlstein said the acquisition of Blue Gecko means Datavail is acquiring more than 100 customers, hundreds of projects and Blue Gecko’s skilled employees.
Perlstein said that Datavail expects to have 250 to 300 database administrators by March 2013 and another 50 to 60 staff.
“The database administrators are really the core component of what we do,” Perlstein said.
Howard Pankratz: 303-954-1939, hpankratz@denverpost.com or
