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.
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.
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.