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Blog Archives

Broadcom Acquires CA Technologies: Confirmed

Broadcom acquires CA Technologies for $18.9 billion. The deal unites a semiconductor company with an enterprise and MSP software provider.

What’s Your Documentation Maturity Level?

Documentation maturity is tied to an awful lot of MSP business success metrics. IT Glue explains why.

Micro Focus Buyout of HPE Software: More Financial Turbulence

Micro Focus’s buyout of HP Enterprise software assets continues to trigger downward turbulence for shareholders. The deal’s anticipated financial benefits are running one year behind Micro Focus’s original plan, executive chairman says.

DWS Acquires IT Consulting Firm for $22.2 Million

DWS acquires fellow Australian IT consulting business Projects Assured for AU$30 million, or roughly US$22.18 million. The valuation was a reasonable 5X to 6X annual EBITDA.

C Spire Acquires TekLinks for Managed Cloud Business Services

C Spire acquires TekLinks, combining the largest privately held U.S. wireless carrier with a Top 100 Vertical Market MSP that boasts extensive cloud services expertise.

Dimension Data Acquires SAP Partner E2Y for Omni-Channel Expertise

Dimension Data acquires majority stake in e2y — an SAP Customer Experience Software (aka Hybris) focused on omni-channel communications.

Healthcare IT Provider Closes After Company Sale Falls Through

CareSync, a healthcare technology provider, goes out of business after a last-gasp effort to sell the company falls through. It’s a timely reminder that even in boom times, technology companies can go bust.

Private Equity Firm Acquires Small Business Hosting Provider for $2 Billion

Private equity firm Siris Capital Group acquires Group for $2.0 billion –which represents a lofty 10.3 times adjusted EBITDA valuation based on the small business hosting provider’s 2017 fiscal results.

A New Type of Private Equity Firm?

Summit Partners veteran Thomas S. Roberts launches Equality Asset Management — a private equity firm that promises a longer-term approach to investments.

DattoCon18: Ten MSP Questions for Datto

Datto CEO Austin McChord & the executive team kick off DattoCon18 for more than 1600 managed services providers (MSPs). Here are 10 questions for the data protection, networking, IT service management (ITSM) & SMB software specialist.