Electric builds chat bots & automated systems to disrupt traditional managed services providers (MSPs). Venture capitalists bet $38 million on the MSP disruption strategy.
Private equity firm Renovus Capital acquires Google Cloud Platform (GCP) & G Suite partner Tempus Nova. PE interest in MSPs & cloud IT consultants remains strong.
DXC Technology acquires the Microsoft Dynamics 365 technology services business of EG A/S. DXC has been buying Microsoft, ServiceNow & Salesforce partners.
Microsoft acquires PostgreSQL experts Citus Data. The buyout may have implications for MSPs that offer managed database services across Microsoft Azure, Amazon Web Services (AWS) & Oracle Cloud.
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