EnterpriseHelp Wanted: IT Consulting Firm UST Seeks 10,000 Cybersecurity, Cloud, Automation HiresJoe PanettieriAugust 5, 2021UST focuses global hiring on digital transformation, cybersecurity, cloud infrastructure & robotic process automation (RPA) technology skills.
Channel investorsM&A: Financial Technology Services Provider Pico, SPAC MergeJoe PanettieriAugust 4, 2021Pico, a provider of technology & cloud services to financial customers, is going public through SPAC merger with FTAC Athena Acquisition Corp.
Mergers and AcquisitionsSNP SE Acquires SAP Cloud Consulting Partner DatavardAugust 4, 2021SNP acquires Datavard, an SAP partner with S/4HANA, data life cycle management, business intelligence, analytics and data warehousing expertise.
MSPODP’s CompuCom: Slow MSP Revenue Growth Amid Potential SaleJoe PanettieriAugust 4, 2021CompuCom, the MSP owned by Office Depot parent ODP, is growing slowly as ODP seeks potential buyers for the IT services business.
Private equityApollo Acquires Lumen’s ILEC Telco, Fiber Network BusinessJoe PanettieriAugust 3, 2021Private equity firm Apollo acquires Lumen’s ILEC (Incumbent Local Exchange Carrier). Valuation: 5.5x 2020 Estimated Adjusted EBITDA.
VirtualizationVMware Horizon VDI, DaaS Extend to Azure; Counters Windows 365Sharon FlorentineAugust 3, 2021VMware Horizon VDI & DaaS (desktop as a service) platform extends cloud support from AWS to Microsoft Azure; counters Microsoft Windows 365.
Mergers and AcquisitionsSalesforce Acquires Servicetrace RPA; Challenges ServiceNow, Automation Anywhere, UiPathJoe PanettieriAugust 3, 2021Salesforce buys Servicetrace. Robotic Process Automation (RPA) and workflow automation showdown vs. ServiceNow, Automation Anywhere & UiPath looms.
