More Private Equity for Kaseya: TPG Capital Investing?
TPG Capital may acquire a minority stake in Kaseya, the IT management & MSP software provider owned by Insight Partners, according to private equity rumors.
Corsica Technologies Acquires EDTS and EDTS Cyber
Corsica Technologies, backed by private equity firm Inverness Graham, acquires managed IT service provider (MSP) EDTS & sister company EDTS Cyber.
Private Equity Firm Acquires Microsoft Partner KSM Consulting
Private Equity firm Renovus Capital Partners acquires KSM Consulting (KSMC), a Microsoft partner that offers technology services & data analytics.
ServiceNow MSP Partner Merger: Private Equity Combines Virteva, Crossfuze
Private equity firm RLJ Equity Partners acquires ServiceNow partner Virteva & merges it with Crossfuze. Combined MSP (managed IT service provider) has 100 ServiceNow consultants & 600 employees.
Avaya for Sale: Auction Involves 3 Private Equity Bidders?
Avaya for sale & moving toward auction: Three private equity bidders (Apollo Global Management, Permira Holdings & Searchlight Capital Partners) may seek to buy Avaya (AVYA), reports suggest.
Private Equity Acquires IBM Marketing Software Business
IBM sells its marketing and commerce software platforms to Centerbridge Partners, a private equity firm. IBM CEO Ginni Rometty continues to sell off aging assets.
Citrix Systems Up for Sale? Conflicting Reports Raise Questions
Did Citrix Systems hire Goldman Sachs to explore company sale? Conflicting reports about the virtualization software company raise more questions than they answer.
Latest Evolve IP Acquisition: Artificial Intelligence Meets Contact Centers
Evolve IP, backed by private equity, acquires Jog.ai to inject artificial intelligence (AI), speech analytics & natural language technology into contact centers.
Sungard Availability Services: Bankruptcy Filing Coming
Sungard Availability Services preps prepackaged bankruptcy filing. CEO vows no service interruptions. Huge debt load plus cloud backup services competition pressured former data protection star.
Bain Capital Acquires Rural Sourcing IT Services
Bain Capital Double Impact acquires majority stake in Rural Sourcing, an IT services and software development firm.