Channel markets

DXC Technology acquires ServiceNow partner Syscom for IT service management (ITSM) & security consulting expertise. M&A activity among ServiceNow partners remains strong..

Accenture acquires Parker Fitzgerald, a risk management consulting firm for financial services companies. Accenture will spend $1.5B in 2019 on cloud, digital & security acquisitions.

Buchanan Technologies, a major managed IT services provider (MSP), acquired by private equity firm Lightview Capital. martinwolf’s LMM Group advised Buchanan on the deal.

Marc Monday leads Cisco Systems global small business sales after channel partner program success at SAP North America, SAP Concur and Microsoft.

Mitel Networks bids to acquire Avaya; seeks to combine unified communications businesses. Mitel is owned by private equity firm Searchlight Capital Partners.

VMware acquires Veriflow network monitoring software for multi-cloud management. Veriflow's software strives to eliminate network outages & vulnerabilities.

Private equity firm BC Partners acquires digital & cloud IT solutions provider Presidio (a Cisco Systems, Dell EMC & VMware Cloud on AWS partner) for $2.1 billion.

Avaya is evaluating potential takeover bids (i.e., "strategic alternatives") for the technology company. Ownership decision expected in 30 days, Avaya CEO says.