Tag: Mergers and acquisitions
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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The two cybersecurity vendors will combine offerings including MDR and XDR, according to Sophos. Sophos announced Monday it’s looking to integrate Secureworks technology including extended detection and response (XDR) into its cybersecurity platform through its planned acquisition of the vendor for $859 million. The deal seeks to bring together publicly traded Secureworks—whose majority owner is…
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For the week ending Oct. 18, CRN takes a look at the companies that brought their ‘A’ game to the channel including Presidio, Intel, AMD, Google Cloud, Netskope, Cyera and Inforcer. The Week Ending Oct. 18 Topping this week’s Came to Win list is channel superstar Presidio for striking a strategic collaborative agreement (SCA) that…
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‘Public enemy number one and where [HPE] is trying to take over business is from Cisco. Even still, they have a long way to go and they are a ways behind Cisco,’ one partner tells CRN after the two CEOs took jabs at each other’s networking strategies this week at CRN parent The Channel Company’s…
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The acquisitions come in segments including the fast-growing area of data security posture management (DSPM). A pair of data security startup acquisitions by Netskope and Cyera point toward continued consolidation in the market, with a focus on the fast-growing category of data security posture management (DSPM). On Tuesday, Netskope disclosed its acquisition of DSPM vendor…
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Cisco CEO Chuck Robbins talks about having a leg-up over HPE-Juniper, cross-selling Splunk opportunities, Cisco’s bullish AI strategy and his thoughts on the U.S. economy in 2025 with the upcoming presidential election. Cisco CEO Chuck Robbins is confident that his company’s longtime networking leadership will continue regardless of new competition from HPE with its pending…
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‘We’ve seen no shortage of consolidation in the MSP market,’ says Mike Cromwell, managing partner, sales and marketing for Netrio. ‘What excites us is the opportunity to do this right, to grow smartly, enhance our customer experience and take advantage of the market’s growing demand for MSP services.’ Texas-based MSP Netrio has merged with Success…
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HPE CEO Antonio Neri talks about HPE-Juniper putting the heat on Cisco, employees coexisting with AI, what Juniper partners should be doing today, and the advice John Chambers is giving him. HPE President and CEO Antonio Neri is bullish about his company’s upcoming $14 billion acquisition of Juniper Networks, a move that will put the…
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