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Acuative, an MSP and MSSP that offers managed network lifecycle solutions, has acquired network-as-a-service (NaaS) provider TenFour, an AT&T and Cisco Systems partner. Financial terms of the deal were not disclosed.This is technology M&A deal number 255 that ChannelE2E has covered so far in 2022. See more than 1,000 technology M&A deals involving MSPs, MSSPs & IT service providers listed here.Vince Sciarra, CEO, AcuativeThe two New Jersey-headquartered companies share similar services, partners and visions, according to both companies. The acquisition will enable Acuative to expand its service offerings, customer base and headcount, according to Acuative. Actual headcount figures were not disclosed.
About the buyer: Acuative, based in Fairfield, New Jersey, offers advanced technology and managed services for voice and data networks. Key solutions span:
Managed infrastructure;
managed security;
managed collaboration; and
digital analytics.
On the services front, Acuative offers consulting, network and security operations, onsite technical support, technology procurement, and virtual network operator capabilities.Moreover, Acuative since 1984 has partnered with service providers - particularly, large ILECs, CLECs, MSOs, wireless, and cable operators - to augment their core capabilities, the company indicate.
About the seller: TenFour is based in Morristown, New Jersey, and the company's NaaS solution includes managed infrastructure, security and collaboration, and digital analytics.TenFour provides turnkey, subscription-based networking, communications and security-as-a-service for numerous industries from retail to restaurants and more. TenFour has been recognized as a partner of the year by Cisco Systems and AT&T, and has more than 20 years of experience deploying and managing network and communications hardware, software and services, the company said.
Executive Commentary
Vince Sciarra, CEO, Acuative, commented on the news:
"I'm extremely excited about today's news regarding Acuative's acquisition of TenFour. I strongly believe the merger of our people, complementary portfolio, systems, and assets will result in a value-enhanced business proposition enabling us to deliver deeper services and broader talent to our joint customer base."
Mark P. Cantaluppi, CEO of TenFour, added:
"We are pleased to have found an organization in Acuative that is committed to the continuation of providing white-glove service to our Network as a Service customers."
Sharon is a master technology storyteller and editor with omnichannel experience: books and print magazines, digital, webcast, blogging, podcast, live events and video and associated brand-specific social media content. From 1999 to 2003, she acquired and edited technology books and certification exam prep guides.
After a year spent in publicity and editorial at mass-market book publishers, she returned to tech publishing and, since 2004, explored B2C and B2B news, issues and trends in consumer, lifestyle, software, software development, AI, ML, networks, big data, hardware, security, storage, cloud, equity, inclusion, diversity, women in tech, career development, IT management, H-1B visa issues and immigration, education, training and learning.
Her previous role was as the managing editor at Techstrong Group in charge of Cloud Native Now, DevOps.com, Security Boulevard and Techstrong ITSM and their brand-specific social media. She currently serves as editorial director for CyberRisk Alliance’s channel brands, ChannelE2E and MSSP Alert and acting editorial director for SC Media UK. Drop me a note and let’s talk!
