Tag: Mergers and acquisitions
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…
Read More
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…
Read More
‘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…
Read More
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…
Read More
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…
Read More
‘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…
Read More
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…
Read More
‘Once the Juniper transaction closes, we’re going to have another business that looks like this: $11 billion in revenues. It will represent more than one-third of the company revenues. It will represent probably 50 percent of the company profits,’ says HPE CEO Antonio Neri. CEO Antonio Neri said networking is becoming the core of HPE…
Read More
‘Acquirers of businesses have changed their taste in what they’re looking for as things evolve. Strategic buyers who are really driving the consolidation, particularly in areas like cybersecurity, artificial intelligence and data analytics, are fueling this growth,’ says John Holland, managing director of Corporate Finance Associates. The rise of AI solutions and evolving cybersecurity threats…
Read More
Big mergers and major product launches are among the key moves by SIEM vendors this year. While the completion of Cisco’s $28 billion acquisition of SIEM stalwart Splunk was entirely expected for 2024, two of the other big consolidation moves in the market for SIEM (security information and event management) were not. And incidentally, both…
Read More