Rackspace Acquires Onica from Sunstone Partners

OpenAI To Acquire Ona to Expand Codex With Secure Persistent Agent Workspaces

June 12, 2026

AI & Machine Learning

OpenAI has agreed to acquire Ona, a provider of secure cloud execution and orchestration technology, to enhance the capabilities of its Codex ecosystem. The deal is intended to enable Codex agents to run in customers’ own cloud environments, supporting enterprise requirements like security, governance, and persistent work over hours or days.

Onix Acquires Datametica

October 5, 2023

Data & Analytics

Onix has acquired Datametica, an IP-driven consulting firm focused on data migration, modernization and analytics, to accelerate its data and Generative AI capabilities. The transaction was primarily financed by Onix investor Tailwind Capital and brings additional proprietary products and expertise to Onix’s Google Cloud-centered services offering.

Tailwind Capital Acquires Onix Networking Corporation

July 1, 2022

IT Services

Tailwind Capital has partnered with Onix Networking Corporation in a transaction to support Onix's next phase of growth and build a leading Google Cloud partner. The investment will fund expansion of Onix's advanced services (including consulting, application development, data & analytics and managed services) and enable a strategy of scaling globally and pursuing add-on acquisitions.

Thrive Acquires U.K.-Based ONI

June 3, 2021

IT Services

Thrive, a Foxborough-based NextGen managed services provider backed by Court Square Capital Partners, has acquired ONI Ltd, a Luton-based U.K. cloud, hybrid managed IT, Cisco Gold Partner and data center services provider. The deal expands Thrive's geographic footprint into the U.K. and adds ONI's WAN, unified communications and Tier 3+ data center capabilities to Thrive's NextGen portfolio.

Sunstone Partners Merges Cloudbakers and Qwinix

May 25, 2021

Cloud & SaaS

Sunstone Partners announced a combination of Google Cloud partners Cloudbakers LLC and Qwinix Technologies, Inc., creating a larger Google Cloud-focused professional and managed services provider. Cloudbakers (a Sunstone portfolio company) and Qwinix will operate as a combined business with more than 225 team members and a client base of over 300 organizations to deliver end-to-end Google Workspace and Google Cloud services.

Sunstone Partners Makes Growth Investment in Cloudbakers

October 20, 2020

Cloud & SaaS

Sunstone Partners completed a growth capital investment in Cloudbakers, a Chicago-based Google Cloud Premier Partner, to accelerate Cloudbakers' cloud-native consulting and managed services growth. Sunstone partners will join Cloudbakers' board to provide strategic and operational guidance as the company expands its Google Cloud Platform technical consulting and managed services offerings.