5 Channel Partner & MSP Market News Updates: 14 December 2022 -

Here are five technology news updates, insights, chatter, and plenty more to start your day for Wednesday December 14, 2022. Sip up.

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Funding: Solutions provider Nerdio has completed a Series B funding round investment of $117 million led by Updata Partners
Selling Interests: Global alternative investment firm H.I.G. Capital has sold its majority interest in its portfolio company Milestone Technologies to The Halifax Group. Financial terms of the deal were not disclosed. H.I.G. says will maintain a minority stake in the Company post-closing.
MSP Acquisition: Middle-market private equity firm Gemspring Capital Management has acquired a majority interest in technology advisory services and software provider Amplix. Amplix was formed through the merger of ROI Communications, Blue Front Technology Group, and allConnex.
Managed Services Acquisition: Software developer and integrator CyTrack.io has acquired fellow-Australian telephony and managed services provider CTI Solutions for an undisclosed sum.
Network Tecnology Partnership: AI-driven network provider Juniper Networks has been selected by Deutsche Telekom as the first network technology partner for its Magenta Business Networks SD-X. SD-X is a cloud-based, virtualized, and automated platform that facilitates the transition from MPLS (multiprotocol label switching) to software-defined network services for enterprises across Europe.