Tag: Mergers and acquisitions
‘With the acquisition of Morpheus Data, we will take the next major leap to make HPE GreenLake cloud the de facto platform for innovating across hybrid IT,’ says HPE’s Fidelma Russo. HPE is making the “next major leap” in HPE GreenLake with the planned acquisition of hybrid cloud management and automation all-star Morpheus Data. “With…
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Major IT companies looking to expand their technology portfolios and private equity firms buying IT vendors and solution providers account for many of the biggest mergers and acquisitions this year. And AI is a factor in many acquisitions. Here’s a look at the biggest tech mergers and acquisitions that have been announced, completed or are…
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The top ten biggest Google Cloud news stories of 2024 include capturing a new cloud market share record, failure to acquire Wiz or HubSpot, cutting partner Workspace renewal margins and launching more AI innovation than ever before. From record profitability and rapid AI innovation to antitrust lawsuits and failed blockbuster acquisitions, Google Cloud has consistently…
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For the week ending Aug. 9, CRN takes a look at the companies that brought their ‘A’ game to the channel including Abnormal Security, Fortinet, Avant, Rewst and Hewlett Packard Enterprise. The Week Ending Aug. 9 Topping this week’s Came to Win list is cybersecurity provider Abnormal Security for an impressive $250-million funding round that…
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‘Together with Acqueon, we can intelligently combine the preferences of the customer with the increasing variety of outreach channels to help enterprises grow their revenue and delight customers, while aligning to compliance standards,’ says Five9 CEO Mike Burkland. Contact center specialist Five9 plans to acquire revenue generation platform provider Acqueon in a move to boost…
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The cybersecurity vendor is reportedly mulling a buyout deal by investors. Trend Micro is reportedly exploring an acquisition deal by potential buyers including private equity investors. CRN has reached out to Trend Micro for comment. [Related: 10 Security Vendors Making Moves At Black Hat 2024] According to a Reuters report Thursday, Trend Micro is considering…
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Acronis CEO Ezequiel Steiner says his company’s acquisition by European private equity behemoth EQT is going to accelerate MSP growth. Acronis CEO Ezequiel Steiner said a deal for private equity behemoth EQT to take a majority stake in the MSP cybersecurity and backup provider powerhouse is going to result in across-the-board increased investments that will…
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‘The acquisition of CX Effect significantly expands our portfolio by incorporating over 40 new suppliers,’ says Drew Lydecker, co-founder and president of Avant. ‘This accelerates Avant’s success as we continue to address the rapidly growing cybersecurity, cloud infrastructure and AI markets.’ Avant has acquired technology distributor CX Effect in a move to grow its business,…
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HPE’s blockbuster acquisition of Juniper Networks has cleared two major hurdles in Europe that paves the way for the merger to be finalized. Hewlett Packard Enterprises’s blockbuster $14 billion acquisition of Juniper Networks is nearing the finish line after passing key approvals in Europe. In June, the U.K. antitrust watchdog Competition and Markets Authority (CMA)…
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‘This is good for us all the way around,’ says Dale Foster, CEO Climb. ‘We have the field teams that will walk into accounts and go deeper, and our goal is to expand the Adobe relationship as we grow.’ Climb Channel Solutions has acquired Douglas Stewart Software, a software distributor to the education market in…
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