Tag: Mergers and acquisitions
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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Check Point will add 170 employees with the planned acquisition of external risk management firm Cyberint. Check Point Software Technologies aims to add more than 170 employees with the planned acquisition of external risk management firm Cyberint Technologies, the company said Tuesday. Check Point said it has reached an agreement to acquire the 14-year-old company…
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For the week ending Aug. 23, CRN takes a look at the companies that brought their ‘A’ game to the channel including AMD, ePlus, Grafana Labs, Amazon and Novva Data Centers. The Week Ending Aug. 23 Topping this week’s Came to Win list is chipmaker AMD for a strategic acquisition that will provide a boost…
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Reported claims by Action1 that CrowdStrike was planning to acquire the patch management firm for nearly $1 billion are ‘outrageous,’ CrowdStrike’s Gur Talpaz says in a LinkedIn post. Reported claims that CrowdStrike sought to acquire patch management firm Action1 for nearly $1 billion have no basis in reality, according to a CrowdStrike executive. In a…
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Reports suggest that well-known cybersecurity vendors including Tenable, eSentire and Trend Micro are seeking to be acquired. Buyers Wanted The list of major cybersecurity vendors that are reportedly pursuing an acquisition by private equity investors—or are facing pressure to do so—is continuing to grow. Following recent reports that top security vendors including Tenable and Trend…
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Amazon plans to acquire AI chipmaker Perceive for $80 million to boost its LLMs and edge capabilities. AWS parent company Amazon plans to acquire AI chipmaker and model specialist Perceive Corp. for $80 million in cash to boost the company’s large language models and edge computing capabilities. “We’re excited to have signed a deal to…
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From AMD seeking to win new AI data center share from Nvidia to ZT Systems’ business with cloud hyperscalers, here are five big reasons why AMD’s planned $4.9 billion acquisition of ZT Systems could put pressure on rival Nvidia. From ZT Systems signing a new partnership with Nvidia in 2024 to AMD’s data center and…
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“Combining our high-performance Instinct AI accelerator, EPYC CPU, and networking product portfolios with ZT Systems’ industry-leading data center systems expertise will enable AMD to deliver end-to-end data center AI infrastructure at scale with our ecosystem of OEM and ODM partners,” said AMD CEO Lisa Su. Chipmaker superstar AMD is acquiring server supplier and cloud computing…
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