Channel Brief: Rimini Street, T-Systems Partner to Enhance IT Support

Hewlett-Packard layoffs are coming. The computer and printer manufacturer is laying off between 1,000 and 2,000 workers around the globe, according to a Feb. 27 securities filing, Manufacturing Dive reported. The layoffs, which will vary in scope based on location, are meant to save HP $300 million and are part of a broader restructuring plan that aims to cut a total of $1.9 billion, according to CRN.

The layoffs are expected to occur before the end of HP’s fiscal year in October. HP has not specified which role types will be affected by the layoffs. The workforce cuts (and associated savings) are, at least in part, a reaction to tariffs and other economic factors, according to one HP exec.

“These incremental structural savings will be a key lever to help offset macro and geopolitical uncertainties while also continuing to fuel investments in our key growth areas and AI innovation, all designed to position as well for long-term sustainable growth,” HP CFO Karen Parkhill told investors during an earnings call Thursday.

HP CEO Enrique Lores said those cuts are part of the reason the company is confident it will reach the $3.6 billion in free cash with earnings per share of $3.16 it set in its guidance for the year, Lores told investors. President and CEO Enrique Lores told Bloomberg last week the company is also considering moving some of its production to the U.S.

As always, drop me a line at [email protected] if you have news to share or want to say hi!

Grab your coffee. Here's what you need to know today.

Today’s Tech, Channel and MSP News

1. Rimini Street, T-Systems partnership: Enterprise software support solutions provider Rimini Street announced a strategic partnership with T-Systems North America, which provides hosting, digital services, security and IT solutions. The partnership will strengthen the companies' ability to provide enhanced software support, managed services, and hosting solutions to reduce costs, improve IT stability, and accelerate their digital transformation, the companies said. 

2. Bitdefender joins AWS ISV Accelerate program: Cybersecurity firm Bitdefender announced this week it joined the AWS ISV Accelerate program, a co-sell initiative designed for AWS partners offering software solutions that run on or integrate with AWS and are sold through the AWS Marketplace. The program will help customers integrate Bitdefender’s endpoint protection, cloud security, and other solutions into their AWS deployments.

3. R Systems IoT Smart C2C Connector on AWS: In other AWS integration news, R Systems launched its R Systems IoT Smart C2C Connector, built with AWS IoT Device Management capabilities, which facilitates and secures connections between smart home devices and OEM clouds. The R Systems IoT Smart C2C Connector enables a consistent device management experience across multiple smart home environments. The C2C connector does not store any user data (like PII, access tokens, device information), reinforcing security and compliance.

4. Devo names new CEO: Security data analytics firm Devo Technology has named Ken Naumann its Chief Executive Officer (CEO). Walter Scott, who served as the interim CEO, will continue to serve as the Executive Chairman of the Board of Directors. Naumann is a veteran of the cybersecurity industry, having held CEO roles in a mix of high-growth public, private-equity, and venture-based companies. Prior to Devo, he served as CEO of NetWitness, a provider of cybersecurity threat detection and response solutions. Congratulations!

5. IRONSCALES names new VP of global MSP sales: Email security provider IRONSCALES named Brian Thomas its new vice president of global MSP sales, the company said. This follows the company's expansion via two new data centers in India and the United Arab Emirates (UAE) and its expansion in APAC through regional strategic partnerships. Congratulations!

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