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5 Channel Partner & MSP Market News Updates: 4 January 2023

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Here are five technology news updates, insights, chatter, and plenty more to start your day for Wednesday, January 4, 2023. Sip up.

What’s In Our Daily Brew?

  • Who We Serve: Content for managed services providers (MSPs), IT service providers (ITSPs), cybersecurity consultants, technology solutions providers (TSPs), systems integrators, VARs, independent software vendors (ISVs), distributors and any other partner acronym that further caffeinates our already stellar SEO.
  • Frequency: Every business morning.
  • Reaching the Barista: Send news, tips and rumors to [email protected].

A. Today’s Technology, Channel Chief and MSP Partner Program News

  1. Meta Fined: Meta, the parent company of Facebook, has been fined $414 million by the European Union over the company’s ad practices. As the New York Times reports, EU regulators found that the company “had illegally forced users to effectively accept personalized ads.” The decision included a fine of 390 million euros (US$414 million) and has the potential to require Meta to make costly changes to its advertising-based business in the European Union, one of its largest markets, the Times said.
  1. Banking MSP Acquisition: IT managed service provider Integris has purchased CalTech, a community banking-focused IT MSP with offices in Texas and Kansas.
  2. Frontline Announces New CFO: Outsourced solutions provider Frontline Managed Services has announced the appointment of its new Chief Financial Officer. Jeff Calcagno will take the CFO position, the company said. Prior to joining Frontline, Calcagno held leadership positions at SimiTree Healthcare, HH Global and InnerWorkings.
  3. Private Equity Acquisition: Data and regulatory compliance solutions provider Fintellix has been acquired by private equity firm Stellex Capital Management. The firm also acquired G2 and LCI from TransUnion, forming a “tech-enabled risk and compliance platform.”
  4. Technology Services Provider Acquisition: Amplix, a portfolio company of Gemspring Capital, and a provider of technology advisory services and software, has acquired Net7 Solutions and Net7 Total Care. Financial terms of the deal were not disclosed. Net7 provides technology advisory services to companies in various end markets.

B. In-Person Channel Partner Summits & MSP Conferences

  1. NRF 2023 – Retail’s Big Show (January 15-17, New York)
  2. NerdioCon 2023 MSP Conference (February 27-March 2, Cancun, Mexico)
  3. All Tech ConferencesListed Here
  4. Add Your Annual Event To Our Calendar: Submit it here for consideration.