Mergers and AcquisitionsAccenture Acquires Xoomworks to Boost Procurement Technology SolutionsSharon FlorentineOctober 19, 2021Xoomworks will strengthen Accenture's Closed Loop Spend Management capabilities, which help clients with cost visibility & management through the entire procurement lifecycle, the buyer said.
Mergers and AcquisitionsIBM Acquires Adobe Workfront Consultancy Amid Kyndryl Spin-OutJoe PanettieriOctober 19, 2021IBM CEO Arvind Krishna continues multi-cloud acquisition strategy. IBM's Kyndryl managed infrastructure service spin-out approaches.
Venture capitalMSPs and Venture Capital: Electric Raises $90M to Automate SMB IT SupportJoe PanettieriOctober 19, 2021Electric, a New York-based MSP that develops automation software, raises $90M in Series D funding. The goals: Simplify SMB SaaS management & more.
Mergers and AcquisitionsCDW Acquires MSP, IT Solutions Provider Sirius ComputerJoe PanettieriOctober 18, 2021CDW acquires IT solutions integrator & MSP Sirius Computer Solutions from private equity firm CD&R for $2.5 billion in cash.
Mergers and AcquisitionsPerficient Acquires Nearshore Software Developer OveractiveJoe PanettieriOctober 15, 2021M&A: Custom software developer Overactive will generate $40 million in annual revenue for digital consultancy Perficient.
Mergers and AcquisitionsIMP Acquires Cisco, Microsoft Partner Eclipse Technology SolutionsSharon FlorentineOctober 15, 2021Investment firm gains IT solutions provider that supports customers in Ontario and across Canada.
Mergers and AcquisitionsMeriplex Acquires MSP Reliable ITOctober 15, 2021Meriplex has acquired Reliable IT as part of its strategy to acquire MSPs across the U.S., establish a local presence and grow its business.
