5 Channel Partner Updates: Wednesday 30 May 2018
Today’s channel partner news involves AWS, AT&T, Bitglass, CoreView, DC Blox acquires Infrapoint, Excel IT Services, FluidOne, HP Inc. revenues, Oracle PartnerNetwork, Rackspace, Salesforce, Swiftpage, V-NEO & more.
Excel I.T. Services Acquires MSP, Integration Business; Valuation Revealed
Excel I.T. Services Ltd. acquires RedstoneConnect’s systems integration and MSP division for £21.6 million (US$28.63 million) in cash — or a valuation of roughly 7.2 times annual EBITDA, ChannelE2E estimates.