Tag: Mergers and acquisitions

“The addition of Altair’s capabilities in simulation, high performance computing, data science, and artificial intelligence together with Siemens Xcelerator will create the world’s most complete AI-powered design and simulation portfolio,” said Roland Busch, President and CEO of Siemens AG. Software star Altair is being acquired by Siemens for a whopping $10.6 billion which Siemens says…

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The $859 million deal seeks to enable MSPs to deliver improved detection and response to smaller customers, which are relentlessly targeted by cyberattacks, according to Levy and Secureworks CEO Wendy Thomas. The planned acquisition by Sophos of extended detection and response specialist Secureworks will accelerate the cybersecurity giant’s effort to bring improved XDR capabilities to…

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‘We are committed to equipping MSPs with the most advanced tools to protect their clients’ data,’ says SaaS Alerts CEO Jim Lippie. ‘Integrating SaaS Alerts into Kaseya 365 User means MSPs can now deliver advanced threat detection and response capabilities specifically tailored to the user and application level.’ Kaseya announced today that it bought cybersecurity…

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Cisco 360 represents a total revamp of the 30-year-old partner program and a significant departure in the way that Cisco partners earn today. Here’s what partners should know. Unveiled at Cisco Partner Summit 2024, the all-new Cisco 360 Partner Program is a total refresh of the tech giant’s nearly 30-year-old program. Unlike the programs of…

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The cybersecurity vendor is reportedly once again exploring its options for being acquired. Cybersecurity vendor Rapid7 is reportedly exploring its options for being acquired by private equity investors for the second time in two years. According to a Reuters report Monday, publicly traded Rapid7 is in “early” discussions about a potential acquisition deal with several…

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‘In the past, we talked about partners born in the cloud. I’m betting on the fact that the new partners will be born in AI. And we’ve identified another segment of [partners] who will be more successful and impactful in the market: those who combine cloud, security and AI,’ TD Synnex CEO Patrick Zammit tells…

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Dan Adamany, founder and CEO of channel partner juggernaut Ahead, explains how he successfully grew his company into a $4 billion IT superstar thanks, in part, to Ahead’s successful acquisition strategy over the past five years. Ahead’s founder and innovative CEO, Dan Adamany, knows what it takes to not only acquire a company, but successfully…

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Verizon CEO Hans Vestberg mentioned the pending $20 billion megadeal to acquire Frontier Communications and its recently acquired spectrum from U.S Cellular as part of its plan for fixed wireless, 5G and private networking domination during the company’s third-quarter 2024 earnings and broadband update call Tuesday. Verizon is relying on its strong “foundation” of a…

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‘The DACH region, with its high GDP and untapped potential, is the next logical step. We’ve been successful in North America by delivering a high-touch, relationship-driven approach and we believe that will resonate in Germany as well,’ says Climb CEO Dale Foster. Climb Channel Solutions has pushed further into the European market with a focused…

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Solution providers applauded Sophos’ planned acquisition of Secureworks, an XDR specialist with 1,500 employees. Solution providers applauded the announcement Monday that cybersecurity giant Sophos plans to acquire Secureworks, a specialist in extended detection and response (XDR), for $859 million in a major industry consolidation deal. Calling the acquisition deal a “very positive” move for Sophos,…

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