Tag: Mergers and acquisitions
“With this deal T-Mobile can extend the superior Un-carrier value and experiences that we’re famous for to millions of US Cellular customers and deliver them lower-priced, value-packed plans and better connectivity on our best-in-class nationwide 5G network,” said T-Mobile Mike Sievert. T-Mobile is acquiring nearly all of US Cellular’s wireless operations, customers, stores and specific…
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CRN’s 2024 Solution Provider 500 list ranks the top VARs, systems integrators, service providers and IT consultants with operations in North America by revenue. Here are the top 25 companies on this year’s list. The Top 25 In March, Cognizant launched its Advanced AI Lab in San Francisco, focused on developing core AI research and…
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While Palo Alto Networks XSIAM has shown early promise in the SIEM market, the deal with IBM is poised to give the platform the accelerant that Nikesh Arora has been looking for. Considering that SIEM is a market that’s existed for decades, I think it’s fair to say Palo Alto Networks has gotten off to…
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Channel Chief Kate Woodley takes a deep dive with CRN on IBM’s partner strategy, its new MSP program and why IBM is pushing the channel to become Palo Alto Networks partners following the sale of QRadar. Kate Woolley, IBM’s global channel chief, sat down with CRN at IBM Think 2024 to discuss the company’s upcoming…
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HPE will sell 30 percent of its stake in China-based H3C for $2.1 billion, with the option of selling its remaining 19 percent share, HPE said in a regulatory filing today. Hewlett Packard Enterprise will sell 30 percent of its shares of H3C to Chinese IT provider Unisplendour for approximately $2.1 billion, HPE said in…
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“So once the acquisition closes, our partners will have the opportunity to join Palo Alto Networks’ partner program, if they’re not already part of that, so they will be able to then sell Palo Alto’s Cortex XSIAM,” IBM’s Channel Chief Kate Woolley tells CRN. IBM and Palo Alto Networks are working together to make sure…
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The company says the acquisition of Informer will help with automating the identification of exposed assets. Bugcrowd unveiled the acquisition of a decade-old provider of external attack surface management capabilities, Informer, in the latest in a series of acquisitions in the space. Terms of the acquisition weren’t disclosed. Informer has 15 employees, Bugcrowd told CRN.…
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The company says the addition of the MSSP-focused Pillr platform ‘accelerates OpenText’s cybersecurity product road map.’ OpenText said Wednesday it has acquired the Pillr managed detection and response (MDR) platform from cybersecurity services powerhouse Novacoast. The terms of the deal were not disclosed. The acquisition deal will see some employees joining OpenText along with the…
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Despite being one of the top SIEM tools for years, IBM QRadar is ‘basically surrendering—in the transition to the cloud—to another vendor,’ a Forrester analyst tells me. The deal was announced the same day as another surprise move in the market, in a sign of the fading fortunes of traditional SIEM vendors. If last week’s…
Read MoreThe agreement to acquire IBM’s QRadar SaaS assets also opens the door for Palo Alto Networks to pursue the ‘much larger prize’ of migrating on-premises QRadar customers to XSIAM, CEO Nikesh Arora said Monday. Palo Alto Networks’ agreement to acquire IBM’s QRadar SaaS assets is poised to rapidly elevate the cybersecurity vendor’s position in the…
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