Channel markets

Syntax Systems acquires EmeraldCube Solutions, an Oracle partner that offers managed services for JD Edwards' ERP applications on Amazon Web Services (AWS) & other platforms.

Alibaba cloud services revenues approach $4 billion annual run rate, gaining ground on Google Cloud Platform (GCP) while targeting Amazon Web Services (AWS) & Microsoft Azure.

NuMSP acquires Salient IT, a managed services provider (MSP) supporting SMB customers in Sacramento, California. This is NuMSP's seventh acquisition.

Private equity firm Thoma Bravo raises $12.6B for enterprise software acquisitions & investments. Cybersecurity firms Symantec & McAfee have been rumored buyout targets.

SAP restructuring plan includes roughly 4,400 staff cuts through early retirement. CEO Bill McDermitt says SAP remains in growth mode, but do cloud services face slowing growth?

Electric builds chat bots & automated systems to disrupt traditional managed services providers (MSPs). Venture capitalists bet $38 million on the MSP disruption strategy.

DXC Technology acquires the Microsoft Dynamics 365 technology services business of EG A/S. DXC has been buying Microsoft, ServiceNow & Salesforce partners.

The U.S. Department of Justice unveils indictments against Huawei Technologies, alleging the Chinese networking & smartphone technology company violated U.S. sanctions and stole trade secrets, according to reports.