Latest Big M&A: Cisco, Five9, AppDirect, Check Point, More
Also learn about a deal involving Rubrik and the latest on Broadcom-VMware; plus, the SentinelOne deal that didn't happen.
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AppDirect, the B2B subscription commerce provider and big channel player, snatched up ADCom Solutions, a longtime AT&T partner. AppDirect didn’t say how much it was paying for ADCom.
The latter has a network operations center and a VEEUE (visual end-to-end experience) managed services platform that AppDirect had its eyes on.
ADCom has been an AT&T Solution Provider Champion for 15 consecutive years. It recently was recognized by the carrier as a gold partner, the same level as AppDirect in the company’s partner program.
The full lowdown on this acquisition is here.
We don’t know how familiar you are with Aceyus, but Five9 says its acquisition of the company is significant.
Aceyus, based in Charlotte, North Carolina, brings data integration and analytics capabilities to the contact center software giant.
Specifically, look for the acquisition to help Five9 optimize, predict and deliver services using contextual data from the acquired company.
Get more information on this purchase here.
Rubrik, which defines itself as a zero-trust data security supplier, said it would buy Laminar, a data security posture management (DSPM) platform.
Rubrik anticipates the move will create “complete cyber resilience” because it enables cyber recovery and cyber posture across enterprise, cloud and SaaS.
Learn more about Rubrik’s purchase of Laminar, featured here in our coverage of Black Hat USA last month.
That sound you hear is the acceleration of SASE (secure access service edge), which Check Point Software Technologies says will happen thanks to its $490 million acquisition of Perimeter 81, a provider of security service edge and zero trust network access.
Check Point says the purchase will enable it to help customers adopt secure access across remote users, sites, cloud, data centers and the internet.
Perimeter 81’s capabilities will integrate into Check Point’s Infinity architecture to deliver a “unified security solution across the network, cloud and remote users.”
Get the full scoop on Check Point’s acquisition.
It’s a partnership that turned into a purchase.
IT giant Cisco said it would buy Working Group Two (WG2), the Norwegian mobile services platform provider. Norwegian telco Telenor was the previous majority owner, selling its stake to Cisco.
Cisco says the acquisition is a “natural fit” with its own mobility services platform, helping communication service providers simplify deployment and management.
WG2 runs a mobile network platform in AWS to help telcos configure their services.
This is where to read the full story.
Gallant Capital Partners made an IT play with “strategic” investments in a pair of MSPs — DynTek of Irvine, California, and rSolutions, which has a wide presence across Canada.
DynTek has a strong focus on Microsoft security solutions, while rSolutions identifies as both an MSP and MSSP focusing on Splunk technologies.
Under a unified leadership structure, look for the two companies to deliver their platforms to clients across North America. They have a broad customer base with strength in verticals such as government, K-12 education and health care.
It wouldn’t be a monthly M&A wrap without mention of Broadcom‘s pending acquisition of VMware, which the companies expect to close this fall.
We offered you a series of articles on the topic.
In one, Broadcom CEO Hock Tan continued to sing the praises of the $61 billion acquisition, which would be the second-largest in the industry’s history. After speaking “with customers and industry leaders about the journey to multicloud,” Tan said he was “even more excited about how a combined Broadcom and VMware will empower customers to modernize and architect their IT infrastructure for a multicloud future.”
Perhaps more significantly, Broadcom cleared one of the final regulatory hurdles it needs, a blessing from the UK’s Competition and Markets Authority. Questions do remain, however, about potential layoffs at VMware once the deal is complete.
Thoma Bravo, well-known for becoming the world’s biggest private-equity acquirer of tech companies, struck again last month when it wrapped its $2.3 billion purchase of ForgeRock, the digital identity security provider.
The move creates another cybersecurity giant, as Thoma Bravo combines ForgeRock with Ping Identity, another recent acquisition.
The combined company will “accelerate the delivery of identity security experiences for customers, employees and partners.”
Read more about the acquisition here.
It was a whirlwind of a week at the end of August for security company SentinelOne, which at one point seemed ready to sell to Wiz, a cloud security startup.
Then, just three days later, we told you how the companies were flat-out ending their already existing partnership.
SentinelOne cut ties with Wiz due to “lack of performance,” the company said, saying the team-up was “not additive to our ongoing cloud go-to-market strategy.”
Talk about a quick turnaround.
The Purple Guys, the provider of managed IT services to SMBs, wrapped a pair of acquisitions of Texas-based MSPs.
The company, which ranked on this year’s Channel Futures MSP 501, bought Advantex and Herrod Technology. The acquisitions build upon The Purple Guys’ presence in Texas, “marking a strategic entry into Houston and building density and added service capabilities in the Dallas area.
“Our acquisition strategy follows a two-pronged approach: building scale and density within our core geographies and adding vertical and technical expertise to better serve our growing customer base,” said The Purple Guys CEO Kevin Cook.
The Purple Guys, the provider of managed IT services to SMBs, wrapped a pair of acquisitions of Texas-based MSPs.
The company, which ranked on this year’s Channel Futures MSP 501, bought Advantex and Herrod Technology. The acquisitions build upon The Purple Guys’ presence in Texas, “marking a strategic entry into Houston and building density and added service capabilities in the Dallas area.
“Our acquisition strategy follows a two-pronged approach: building scale and density within our core geographies and adding vertical and technical expertise to better serve our growing customer base,” said The Purple Guys CEO Kevin Cook.
The channel was once again brimming with big M&A in August. Cisco, Five9, AppDirect, Check Point Software Technologies and more were wheeling and dealing with a cross-section of mergers and acquisitions that will have a long-lasting impact on our industry.
Cisco, for instance, upped its mobility chops by buying a Norway-based mobility services platform. Check Point flexed its muscles with the acquisition of Perimeter 81 and its “cybersecurity experience” platform.
Meantime, all eyes remained glued on Broadcom and its pending $61 billion acquisition of VMware. The company got past one of the final hurdles before securing long-awaited regulatory approval from a number of sources.
See the slideshow above for the big M&A from the past month that had the channel buzzing.
Looking for more big M&A? See what you might have missed from the previous month.
Want to contact the author directly about this story? Have ideas for a follow-up article? Email Craig Galbraith or connect with him on LinkedIn. |
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