Category: News Room
19 Apr 2019
IBM is Preparing to Close it’s $34 Billion Acquisition of Red Hat
Analysts say that IBM delivered a "mediocre" quarter, but now all eyes are on its forthcoming $34 billion acquisition of Red Hat and whether IBM's big bet will pay off. On Tuesday, IBM announced it generated $18.18 billion in revenue this past quarter, missing analysts' expectations of $18.51 billion. The following day, IBM's stock was down 4%.
19 Sep 2018
Top Avaya Partner ConvergeOne Acquired by Private Equity Firm
ConvergeOne, one of the largest Avaya channel partners in the world, has a new owner. The solution provider, which specializes in managed services and unified...
18 Sep 2018
CDW Details CEO Succession Plan, Also Names New Chief Operating Officer
The current and future CEOs of solution provider behemoth CDW got on the phone with investors Tuesday to discuss its succession plan, hours after it...
12 Jul 2018
M&A Head Scratcher: Broadcom’s CA Buy ‘Makes Little Sense’
Four months after President Trump stopped its Qualcomm acquisition, Broadcom now is making an $18.9 billion bid for CA Technologies in a deal that one...
12 Jul 2018
Getronics Buys Pomeroy, Creating $1.3 Billion Behemoth
European systems integrator Getronics has acquired MSP heavyweight Pomeroy, No. 43 on the 2018 CRN Solution Provider 500, in a deal that creates a $1.3 billion...
30 Apr 2018
Accenture Continues Buying Binge With Acquisition of Oracle Cloud Provider Certus
Accenture has inked an agreement to acquire Certus Solutions in a deal that will boost the $35 billion system integrator behemoth's Oracle Cloud capabilities...
27 Mar 2018
CACI bid fails to hijack General Dynamics’ Acquisition of CSRA
Information technology specialist CACI has submitted an unsolicited proposal to CSRA to acquire all outstanding shares of the latter’s common stock, potentially disrupting up a...
20 Feb 2018
ConvergeOne To Buy Arrow’s Systems Integration Business For $36M
Fast-growing solution provider ConvergeOne made another strategic expansion move this week, scooping up Arrow Systems Integration – an enterprise communications-focused subsidiary of Arrow Electronics– for $36 million...
31 Jan 2018
Fujifilm Buys Controlling Stake In Xerox, Creating An $18 Billion Printer Industry Behemoth
Fujifilm Holdings Corporation has entered into a deal that combines Xerox with Fuji Xerox, creating an $18 billion industry juggernaut that has the potential to...