Mergers and AcquisitionsStarboard SPAC, Cyxtera Data Center Merge in $3.4B DealJoe PanettieriFebruary 22, 2021Cyxtera data centers & Starboard SPAC merge in $3.4 billion deal. Cyxtera ($CYXT) data center business valuation: 15.9X adjusted EBITDA.
IT managementVerizon Business, Cisco Expand SD-WAN Managed Services RelationshipSharon FlorentineFebruary 18, 2021Verizon Business & Cisco Systems promote SD-WAN partnership; three new offerings address remote workforce & cloud opportunities.
IT managementFreshworks CRM, ITSM Growth: IPO Coming?Sharon FlorentineFebruary 17, 2021Freshworks surpasses $300M in annual recurring revenue (ARR). Cloud CRM & IT service management (ITSM) software company may be eying IPO.
Venture capitalMSP Sales Automation Software Startup Zomentum Raises $13MJoe PanettieriFebruary 17, 2021Zomentum, which develops sales automation software for MSPs & IT channel partners, raises $13M from Elevation Capital, Accel & Greenoaks.
Mergers and AcquisitionsAccenture Acquires SAP Cloud Consulting Partner EdenhouseJoe PanettieriFebruary 16, 2021Accenture acquires Edenhouse, an SAP Platinum cloud & on-premises application consulting partner in the United Kingdom.
Mergers and AcquisitionsAccenture Acquires AWS Cloud, Snowflake Partner Infinity WorksJoe PanettieriFebruary 16, 2021Accenture acquires cloud & digital transformation consultancy Infinity Works, an Amazon Web Services (AWS) & Snowflake data cloud partner.
Mergers and AcquisitionsSierra Digital Acquires Energy IT Solutions Provider Stonebridge ConsultingJoe PanettieriFebruary 15, 2021Sierra Digital (an SAP S/4 HANA, Microsoft Azure cloud & Qualtrics application partner) acquires Stonebridge Consulting for energy industry expertise.
