Tag: Mergers and acquisitions
Getting an MSP ready to be acquired can take a year or more of prepping the team, cleaning up the accounting and understanding the factors that affect its value, according to a panel of experts. Whether looking to expand opportunities as part of a larger organization or looking to retire, the decision to sell an…
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For the week ending Aug. 16, CRN takes a look at the companies that brought their ‘A’ game to the channel including Hewlett Packard Enterprise, Dell Technologies, Nutanix, Broadcom, ScanSource and ClearScale. The Week Ending Aug. 16 Topping this week’s Came to Win list is Hewlett Packard Enterprise for a strategic acquisition that will boost…
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ScanSource has acquired long-time mobility partner Advantix and is using it as the base for its new Integrated Solutions and Services Group to expand mobility technology and management capabilities to its solution provider partners. ScanSource, which distributes specialty technology and modern cloud and communications services, is looking to expand its technology management and wireless connectivity…
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‘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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