Tag: Mergers and acquisitions
The credit card firm is getting into the threat intelligence business with the $2.65 billion acquisition. Credit card firm Mastercard announced Thursday it is getting into the threat intelligence business with the planned acquisition of Recorded Future. The acquisition price for the 15-year-old company is $2.65 billion, Mastercard disclosed. [Related: 5 Major Security Vendors That…
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‘The strategy behind acquiring both SkyKick and Axcient was to further expand our cybersecurity and data protection portfolios,’ said Ameer Karim, executive vice president and general manager at ConnectWise. ‘As cyber threats evolve, data protection and cybersecurity must go hand-in-hand.’ In a move to bolster its cybersecurity and data protection capabilities, ConnectWise has acquired Axcient…
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For the week ending Sept. 6, CRN takes a look at the companies that brought their ‘A’ game to the channel including Verizon, Amazon Web services, Salesforce, Palo Alto Networks, and Couchbase. The Week Ending Sept. 6 Topping this week’s Came to Win list is Verizon for striking a $20 billion acquisition deal that will…
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‘ We are investing in modernizing our core services, including AI and application management,’ says Peter Melby, CEO of New Charter Technologies. ‘Our strategy involves both enhancing basic services to be more responsive and developing deep relationships with customers. This dual focus allows us to offer innovative solutions and better meet customer needs.’ As New…
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[‘Frontier] will build on Verizon’s two decades of leadership at the forefront of fiber and is an opportunity to become more competitive in more markets throughout the United States, enhancing our ability to deliver premium offerings to millions more customers across a combined fiber network,’ says Verizon CEO Hans Vestberg. Verizon is acquiring Frontier Communications…
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‘Our partnership with IBM reinforces our commitment to innovation and our conviction in the tremendous benefit of QRadar customers adopting Cortex XSIAM for a robust, data-driven security platform that offers transformative efficiency and effectiveness in defending against evolving cyberthreats,’ says Palo Alto Networks CEO Nikesh Arora. Cybersecurity superstar Palo Alto Networks completed its $500 million…
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For the week ending Aug. 30, CRN takes a look at the companies that brought their ‘A’ game to the channel including Cribl, Check Point, Intel, Citrix and IBM. The Week Ending Aug. 30 Topping this week’s Came to Win list is data management and observability tech developer Cribl for its very impressive nine-figure funding…
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This year’s leading news stories (so far) include the ongoing AI wave that’s remaking the IT industry, the impact of three multi-billion-dollar acquisition deals, the contrasting fortunes of two of the industry’s leading semiconductor companies – and what was likely the biggest IT system failure to date. AI Highs, Service Failure Lows The top news…
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The exploration of a sale of cybersecurity firm Secureworks by majority owner Dell is reportedly underway. Dell Technologies is mulling the possibility of selling Secureworks to private equity investors, according to a report. According to a Reuters report Thursday, Dell—which is the majority owner of publicly traded Secureworks—has hired a pair of investment bankers as…
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Sources said ConnectWise is crafting a deal to buy the business continuity and disaster recovery vendor for as much as $500 million. ConnectWise is finalizing a deal to buy business continuity and disaster recovery vendor Axcient for between $400 million and $500 million, according to two people with knowledge of the deal. The deal provides…
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