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August 21, 2012 04:16 pm GMT

Kony Solutions Buys Aussie Sky Technologies As Mobile Enterprise Consolidates

KonySome consolidation is afoot in the world of mobile enterprise services. Orlando, Fla.-based Kony Solutions has bought Sky Technologies, a mobility solutions provider specializing in SAP implementations based in Melbourne, Australia. Both companies are private and the financial terms of the deal were not disclosed.The deal is the first acquisition for Kony, which has to date raised $34.1 million, including$15 million this past May, from investors including Insight Venture Partners.

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