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Technology

NetApp Acquires Spot Cloud Cost Optimization, Migration Tools

NetApp acquiring Spot for public cloud cost optimization and compute management tools. Spot partners include major MSPs & key resellers.

Netreo Acquires CloudMonix; MSPs Gain Microsoft Azure Cloud Monitoring

Netreo acquires CloudMonix, which offers Microsoft cloud monitoring services designed for MSPs (managed IT services providers), CSPs & DevOps teams.

Thoma Bravo Acquires Secure Collaboration Platform Provider Exostar

Private equity firm Thoma Bravo acquires Exostar, a secure collaboration communications platform provider for such highly regulated industries as aerospace and defense, life sciences and healthcare.

Equinix Acquires 13 Data Centers From Bell Canada

Equinix acquires 13 data centers from Bell Canada. The deal has a 15x EV (enterprise value)/adjusted EBITDA valuation, Equinix says.

HCL Acquires Symantec Enterprise Consulting Team From Broadcom

HCL acquires the majority of Symantec’s enterprise consulting team from Broadcom, which retains cybersecurity software portfolio but sheds consulting assets.

CX Consulting Acquisition: Avtex Buys CPI’s Assets

Avtex acquires Communications Products Inc. (CPI), an Indiana-based contact center and communication solutions provider.

Lenovo Layoffs 2020: Some Data Center Business Group Staff Cuts

Lenovo layoffs impact some data center business group employees. Lenovo is a Top 5 server vendor but data center group revenues dipped 8.7% in latest quarter.

Cisco Acquiring ThousandEyes for Digital Experience Monitoring

Cisco Systems acquiring ThousandEyes for digital experience, multi-cloud, Internet and SaaS application performance monitoring.

Wasabi Raises $30M; Amazon AWS S3 Cloud Storage Alternative Gains MSP Momentum

Wasabi Technologies raises $30 million & gains momentum as Amazon AWS S3 cloud storage alternative. MSPs embrace Wasabi to store Veeam backups and more.

Wasabi CEO David Friend: The ChannelE2E Interview

Wasabi CEO David Friend: How MSPs can sell low-cost cloud storage alternative to Amazon Web Services (AWS), Google Cloud Platform (GCP) & Microsoft Azure.