Tag: Mergers and acquisitions
‘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…
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‘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…
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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…
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For the week ending Oct. 11, CRN takes a look at the companies that brought their ‘A’ game to the channel including Presidio, AMD, Intel, Microsoft and the winners of the CRN 2024 Triple Crown Award. The Week Ending Oct. 11 Topping this week’s Came to Win list is solution provider Presidio for a strategic…
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“This strategic acquisition provides the right mix of synergies and growth opportunities for both organizations and aligns perfectly with our focus on investing in opportunities that foster growth and innovation,” said Presidio CEO Bob Cagnazzi. Channel partner all-star Presidio is significantly expanding its market presence in the U.S. by acquiring Charlotte, North Carolina-based Internetwork Engineering…
Read MoreAvalon Technologies’ Newly Hired President Talks VMware Costs, Dell Storage And Leaning Into Channel
‘The market obviously is shifting faster and faster to the channel. I wanted to go somewhere where I felt like there was growth potential, but still had the feeling of a family-owned business,’ Avalon Technologies President Todd Johnson, an 18-year Dell Technologies veteran, tells CRN. Michigan-based solution provider Avalon Technologies has hired Todd Johnson to…
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‘Rather than filling out data centers ourselves or building, buying and running equipment, we instead leverage equipment that is already being run, powered and controlled around the world,’ says Storj CEO Ben Golub. Distributed cloud object storage technology developer Storj Tuesday unveiled the acquisition of PetaGene, which offers distributed file storage technology. The acquisition of…
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CRN assembles solution provider lists and rankings throughout the year, including the Solution Provider 500, Tech Elite 250 and Fast Growth 150. Here CRN recognizes the 47 solution providers that earned a spot on all three lists this year with the annual Triple Crown honors. With the wave of AI development surging through the IT…
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For the week ending Oct. 4, CRN takes a look at the companies that brought their ‘A’ game to the channel including Accenture, Nvidia, CACI, Salesforce and Qualcomm. The Week Ending Oct. 4 Topping this week’s Came to Win list is global services provider Accenture for its bold plan to build a new business group…
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‘The popularity of Agentic AI can be seen in the solutions built by Salesforce, ServiceNow, Glean and others, as well as the custom agents our clients are asking us to build using Google’s Gemini technology,’ says the CEO of a Google Cloud partner. Google Cloud partners are hopeful that Google reportedly paying $2.7 billion to…
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