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Wednesday Update

Your Most Profitable Managed Service: Two MSPs describe their most profitable managed services during our February webcast. Register now to join us. Plus, our latest content updates are below.

TODAY’S LINEUP

Today's channel partner news: Cisco multi-cloud management, Health Plus Management, Jamf, Juniper Networks, SugarShot, Tigerpaw Software, Unitrends & more.


ConvergeOne faces $11 million writedown after potential employee fraud, report says. Technology consulting firm's effort to sell $1.2 billion worth of buyout loans faces challenges.


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.


Nubo Service Automaton & SpinPanel merge to develop partner-friendly cloud automation software tools for Amazon Web Services (AWS), Microsoft Azure, Office 365 & more.


F12.net Inc. acquires Level4 Technologies, a managed IT services provider (MSP) in Vancouver. F12.Net has purchased multiple MSPs across Canada since early 2018.


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.


Ingram Micro Cloud & Axcient veteran Jason Bystrak joins D&H Distributing -- a $4 billion company that's growing four times faster than the overall IT distribution market.


Today's channel partner news involves Cisco Systems, Commvault, Contegix, F12.net buys Level4 MSP, Nubo, NuPSYS, OnPage, SpinPanel, SynOps, TELoIP, Thoma Bravo & more.


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?


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