5 Channel Partner Program and MSP News Updates: Monday 22 March 2021
Today’s channel partner program & MSP news updates involve Data Inventions, HYCU, Micro Focus, N-able, Ooma, OVHcloud, Rackspace, Snowflake, Stellar, Summit Partners, Synnex, Tech Data, Thoma Bravo, VMware & more. Sip up.
Rackspace SEC Filing Triggers MSP Takeover Speculation
Rackspace ($RXT) board approves change in control executive plan, sparking speculation Top 250 Public Cloud MSP may be an acquisition target.
SPACs, Technology IPOs and MSP Software: Mergers and SEC Regulations Coming?
Private equity firms Apollo & Thoma Bravo launch SPACs (special purpose acquisition companies). SPACs may acquire MSP software companies. But SEC scrutiny could be on the way.
Platinum Equity Acquires Ingram Micro from HNA Group for $7.2B
Private equity firm Platinum Equity acquires technology & cloud distributor Ingram Micro from China’s HNA Group for $7.2 billion.
Tech Data Acquiring Innovix Distribution for Asia Pacific Expansion
Tech Data, backed by private equity firm Apollo Global Management, is acquiring Innovix Distribution for Asia Pacific expansion. Distribution market consolidation, evolution accelerates.
Rackspace IPO Recap: Multi-Cloud MSP’s Initial Public Offering Disappoints
Rackspace Technology ($RXT) stock showed weakness on IPO (initial public offering) day. What’s behind the cloud MSP’s weaker-than-expected valuation? Here are the clues.
PE-Backed Intrado Acquires UCaaS Company OnSIP
Intrado, backed by private equity firm Apollo, acquires ONSip for Unified Communications as a Service (UCaaS) capabilities.
Tech Data’s New Private Equity Owner: 5 Things to Know
Apollo Global Management completes Tech Data acquisition, private equity firm & distributor confirm. Here’s what’s next for Tech Data channel partners, MSPs & VARs.
Rackspace Technology: New Name, Continued Multi-Cloud Services, Eventual IPO?
Rackspace Technology’s new name reflects multi-cloud technology focus. Is private equity owner Apollo Global Management prepping for eventual Rackspace IPO?