Tag: Mergers and acquisitions
While Splunk-Cisco product integration was big news at this week’s .conf24 event, Splunk also debuted new products around AI, next-generation Security Operations Centers and data management. Splunk has unveiled a series of AI tools and assistants across its product portfolio that the company said are designed to help organizations speed up routine tasks, glean new…
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At Splunk .conf24, Cisco CEO Chuck Robbins and Go-to-Market President Gary Steele spoke to Splunk customers about the benefits of integrating the companies’ security and observability products and highlighted the opportunities those combinations will create for partners. Cisco Systems and Splunk executives are putting on a full-court press at Splunk .conf24 this week to tout…
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Reuters late Monday, citing unnamed sources, said that solution provider Kyndryl Holdings and investment company Apollo Global were teaming up to make a bid for solution provider DXC Technology that could value DXC at up to $4.5 billion. Global IT services provider Kyndryl Holdings and private investment firm Apollo Global reportedly may be preparing a…
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Gary Steele, who serves as Splunk general manager in addition to his Cisco post, says in an interview with CRN that a major focus for him is not allowing the nitty-gritty of the ongoing Cisco-Splunk integration to disrupt Splunk’s track record of innovation. In mid-March Cisco Systems completed its $28 billion acquisition of Splunk in…
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‘Belcan’s deep engineering capabilities and domain expertise across the aerospace and defense market will be complemented by Cognizant’s scale and own multidecade digital engineering expertise, providing Belcan’s blue-chip client roster access to our advanced AI, cloud and data technologies,’ says Cognizant CEO Ravi Kumar. Solution provider powerhouse Cognizant is acquiring engineering services specialist Belcan for…
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Terms of the acquisition deal for Lacework, which had once been valued at $8.3 billion, weren’t disclosed. Fortinet announced Monday it has reached an agreement to acquire cloud security firm Lacework in a significant consolidation deal for the cybersecurity industry. The terms of the deal, which is expected to be completed in the second half…
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‘I’ve been trying to build a great company and whenever [a sale happens], we’re ready to go,’ ConnectWise CEO Jason Magee says. A hyperfocus on AI, hitting a billion dollars in revenue, the possibility of being sold and still watching out for the competition gives ConnectWise CEO Jason Magee a lot of balls to juggle…
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‘It gives [us] the ability to look at our stuff a bit more, see where we need to make investments and improvements and then we bring it to market. Competitors make you better if you do the right things,’ says ConnectWise CEO Jason Magee. When it comes to the competition, Jason Magee wants to see…
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For the week ending June 7, CRN takes a look at the companies that brought their ‘A’ game to the channel including Cisco Systems, SAP, Workday, Intel and AMD. The Week Ending June 7 Topping this week’s Came to Win is Cisco Systems, which launched a $1 billion global AI investment fund to make strategic…
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With more than half of SAP customers still running on older ERP application sets, partners like Lemongrass are stepping up and leveraging the Rise with SAP software and services to help customers with their cloud migration and digital transformation projects. SAP channel partner Lemongrass is expanding its services portfolio to help businesses and organizations migrate…
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