Tag: Mergers and acquisitions
“The cultural fit of our two companies will enable our mutual success going forward,” CACI CEO John Mengucci said. CACI International has bought fellow solution provider Applied Insight in an all-cash deal that should boost its capabilities in Amazon Web Services, cloud migration, cybersecurity and productivity for government agency customers. CACI, No. 19 on CRN’s…
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‘We don’t buy anything that’s not profitable because then how do you do your multiples? We’re not interested in anything that’s distressed. And while some companies say they’re not profitable because they’re in growth mode, we don’t buy any of those. I don’t know how those people pay the bills. You gotta make money and…
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As the first name in MSP operating tools comes under new leadership, ConnectWise’s customers say the popular, but long-in-the-tooth PSA tool is showing its age: “Slow costs me money.” ConnectWise top partners say the ITSM juggernaut must focus on its core MSP product, Manage, and deliver on the multi-year technology promise it made to unify…
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“This acquisition supports our commitment to delivering cutting-edge IoT solutions and strengthens our position as a leader in intelligence at the edge,” said Qualcomm’s Nakul Duggal. Chipmaker Qualcomm has completed its acquisition of Sequans Communications’ 4G IoT technology for $200 million in a move to significantly enhance the company’s semiconductor portfolio around the Internet of…
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For the week ending Sept. 27, CRN takes a look at the companies that brought their ‘A’ game to the channel including HP Inc., Torq, Hewlett Packard Enterprise, SafeBreach and Salesforce. The Week Ending Sept. 27 Topping this week’s Came to Win list is HP Inc. for a savvy acquisition that will provide customers with…
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‘Together, we will deliver more AI-driven, streamlined, and comprehensive insights that enable an agile, resilient, and productive workforce,’ says HP executive Faisal Masud, regarding the acquisition of Vyopta. Hewlett Packard has acquired collaboration management standout Vyopta in a move to boost HP’s Workforce Experience Platform and to provide its customers with more AI-driven insights. “Vyopta…
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The deal ‘advances our recovery offerings, strengthens our platform, and reinforces our position as a leading SaaS provider for cyber resilience,’ Commvault CEO Sanjay Mirchandani says. Hybrid cloud cyber resilience vendor Commvault plans to buy Amazon Web Services-focused Clumio for about $47 million– a fraction of the $261 million Clumio has raised since its founding…
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Crandall’s appointment follows a year of changes at observability platform provider New Relic including being acquired and taken private in a $6.5 billion deal and the naming of a new CEO in December. Observability platform developer New Relic has hired channel veteran Larissa Crandall to be its new global channel chief, the company said today.…
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For the week ending Sept. 20, CRN takes a look at the companies that brought their ‘A’ game to the channel including NWN Carousel, Veeam, Confluent, ClearScale and Salesforce. The Week Ending Sept. 20 Topping this week’s Came to Win list is NWN Carousel for a strategic acquisition that expands its presence within the federal…
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‘Remember, I’ve been a part of Veeam in the past through [its] previous acquisition [of Kasten]. So when Veeam reached out, we knew the company, we knew the culture, we knew how we fit in. Internally, we’ve told the team this is a milestone for us on the journey for what we care about,’ new…
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