Channel investors

Salesforce Ventures launches $50 million Consultant Trailblazer Fund. Salesforce seeks to accelerate cloud consulting businesses & digital agencies.

Carbonite, parent of Webroot, is acquired by OpenText for $1.42 billion. The Carbonite & Webroot acquisition comes after several weeks of negotiations with multiple bidders.

ServiceNow is acquiring Fairchild Resiliency Systems, a business continuity provider & MSP (managed IT services provider) for ITSM & risk mitigation.

Larsen & Toubro Infotech Ltd. (LTI) acquires Powerupcloud Technologies, an Amazon AWS, Microsoft Azure & Google Cloud partner with AI expertise.

Capco, owned by private equity firmCD&R, acquires ATOM Solutions. Capco's consulting expertise includes financial services, energy & commodities trading.

Private equity firm Lumerity Capital invests in Effectual, a cloud-first managed IT services provider (MSP) and consultancy led by Datapipe veterans.

Office technology consolidation continues as Office1 acquires certain assets of Chaparral Business Machines, a provider of print management services.

Printer Pro Soutions Inc (PPSI) acquires Encore Images, a managed print services company in Marblehead, Massachusetts.