Tribridge, a 500-employee Tampa technology services firm specializing in Microsoft business applications and cloud solutions, said it will acquire Intelladon, a Tampa-based talent management solutions consultant and integrator.
Tribridge and Intelladon are run by prominent area tech entrepreneurs Tony DiBenedetto and Marc Blumenthal, respectively. Blumenthal will serve as president of Intelladon and continue to oversee its nearly 100 employees as a unit of Tribridge. Financial terms of the transaction were not disclosed.
In an interview, DiBenedetto credited the Intelladon deal for the opportunity to get his company into some "crazy hot space" known as the talent management software market. He also said a deal between two leading technology firms based in the Tampa Bay area helps send a message that there are many quality and growing tech businesses based here.
Intelladon's skills and strategic partnerships will give Tribridge a foothold into the burgeoning "human capital management" market and strengthen the firm's cloud offerings.
In turn, Intelladon will have greater access to capital and operational resources, as well as shared expansion opportunities. Tribridge's Microsoft capabilities and heavy investment in the cloud will also offer Intelladon a platform for extending its comprehensive line of services.