Tag: Mergers and acquisitions
“Customer data and metadata are the new gold for these enterprises,” Salesforce CEO Marc Benioff said Wednesday. Salesforce executives played up growth in the vendor’s artificial intelligence offerings while acknowledging continued “measured” customer buying patterns including longer sales cycles and smaller during the fiscal 2025 first quarter. Marc Benioff, CEO and co-founder of the San…
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One such company reportedly eyeing N-able is Campbell, Calif.-based cybersecurity vendor Barracuda Networks. Barracuda is owned by private equity firm KKR. N-able is exploring a possible sale after “attracting acquisition interest,” according to a report from Reuters. Sources familiar with the matter told Reuters that the Burlington, Mass.-based software vendor is participating in a sale…
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The $500 million acquisition of QRadar SaaS by Palo Alto Networks is expected to close later this year, bringing big changes for partners and customers. What’s Next For QRadar Partners, Customers The planned $500 million acquisition of IBM’s QRadar SaaS business by cybersecurity giant Palo Alto Networks is expected to close later this year, bringing…
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Solution providers play a critical role in helping businesses and organizations adopt and get the most value from leading-edge technologies – AI and generative AI being the most recent example. This week we present the CRN 2024 Solution Provider 500, the annual ranking of the largest solution providers by revenue with operations in North America.…
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“With this deal T-Mobile can extend the superior Un-carrier value and experiences that we’re famous for to millions of US Cellular customers and deliver them lower-priced, value-packed plans and better connectivity on our best-in-class nationwide 5G network,” said T-Mobile Mike Sievert. T-Mobile is acquiring nearly all of US Cellular’s wireless operations, customers, stores and specific…
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CRN’s 2024 Solution Provider 500 list ranks the top VARs, systems integrators, service providers and IT consultants with operations in North America by revenue. Here are the top 25 companies on this year’s list. The Top 25 In March, Cognizant launched its Advanced AI Lab in San Francisco, focused on developing core AI research and…
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While Palo Alto Networks XSIAM has shown early promise in the SIEM market, the deal with IBM is poised to give the platform the accelerant that Nikesh Arora has been looking for. Considering that SIEM is a market that’s existed for decades, I think it’s fair to say Palo Alto Networks has gotten off to…
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Channel Chief Kate Woodley takes a deep dive with CRN on IBM’s partner strategy, its new MSP program and why IBM is pushing the channel to become Palo Alto Networks partners following the sale of QRadar. Kate Woolley, IBM’s global channel chief, sat down with CRN at IBM Think 2024 to discuss the company’s upcoming…
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HPE will sell 30 percent of its stake in China-based H3C for $2.1 billion, with the option of selling its remaining 19 percent share, HPE said in a regulatory filing today. Hewlett Packard Enterprise will sell 30 percent of its shares of H3C to Chinese IT provider Unisplendour for approximately $2.1 billion, HPE said in…
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“So once the acquisition closes, our partners will have the opportunity to join Palo Alto Networks’ partner program, if they’re not already part of that, so they will be able to then sell Palo Alto’s Cortex XSIAM,” IBM’s Channel Chief Kate Woolley tells CRN. IBM and Palo Alto Networks are working together to make sure…
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