Latest Channel M&A: Dell, Cisco, New Relic, Broadcom, More
The biggest deal of the bunch is valued at $6.5 billion.
August 11, 2023
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M&A for July proved massive for the channel as companies such as Dell Technologies, Thrive, New Relic, Broadcom and others entered into deals that earned a lot attention.
Take New Relic, for example. Francisco Partners and TPG are in the process of acquiring the company in a deal worth $6.5 billion. Francisco Partners has eyed New Relic for some time. Read about that and more in our slideshow above.
In a deal that should solidify how the channel gets information, Informa Tech, owner of Channel Futures and the Channel Partners Conference & Expo, said it’s acquiring channel research firm Canalys. It will create the largest provider of research and insight, events and media focused on the future of the entire information and communications technology channel.
Finally, French multinational company Thales is acquiring Imperva from Thoma Bravo. That deal is worth $3.6 billion. Thales said the acquisition means it can take cybersecurity “to the next level.” The app security acquisition will close by the beginning of 2024.
There’s so much more. And, if you didn’t catch our previous edition, you can do so here.
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