CRN’s Post

🚀 VIAVI Solutions Acquires Spirent Communications: Ushering in a New Era for #Network Solutions 🚀 In a move that's set to reshape the landscape of #networktesting, #assurance, and #security solutions, #VIAVI Solutions has strategically acquired #Spirent #Communications. This merger, valued at a whopping £1,005 million ($1,277 million), marks a pivotal step towards breakthroughs in #5G, #6G, and #cloudservices. 🔍 Key Highlights: 🤝 Synergistic Integration: Combining VIAVI's and Spirent's complementary tech to boost #networking and #wirelessinfrastructure. 🌱 Growth and Diversification: Tapping into new markets, including cloud service providers and 5G #privatenetworks. 💡 Innovation at its Core: Focused on advancing #AI, security, and #automation technologies. 💼 Operational Excellence: With up to $75 million annual cost synergies anticipated and a strategic $400 million investment from Silver Lake. 💬 What do you think this means for the future of networking and technology innovation? Let's discuss below!

This graphic I did on the DSPM market is starting to get out of hand! News of another acquisition in this market broke late last week, with Tenable announcing its acquisition of Eureka Security. Here are a few highlights and takeaways for Tenable and the DSPM market: → Tenable is all in on cloud security and CNAPP The message in the transaction announcement was loud and clear — Tenable is serious about its cloud security strategy. Data security was the next piece of the puzzle. The build vs. buy decision here looks pretty straightforward. Data security is a new area for Tenable, so acquiring a product and team with expertise is strategic. There were still high quality early stage targets in the market. The best decision was to buy if they could get the price they wanted. → We've had over $1 billion in DSPM financing and M&A activity Data security companies are well over $500 million in total venture capital raised. With Eureka Security, we've also had 5+ total acquisitions for a cumulative value of $1B+ (some disclosed, and me roughly estimating transaction values for the rest). DSPM has easily been one of the most active markets in the industry, and the race is far from over. → What's going to happen with the rest of the market? Cyera raised a $300 million round earlier this year at a $1.4 billion valuation, so they're playing the long game. Palo Alto Networks, CrowdStrike, IBM, Rubrik, and now Tenable have all done deals already. And Varonis just keeps doing what they do best — building a solid data security platform and scaling their business as a public company, including 17% YoY ARR growth last quarter. --- There are still high quality early stage companies who could raise capital or become acquisition targets yet this year, including several we didn't have on this graphic. We're also going to start seeing which of the strategic buyers emerge as leaders after integrating the product and GTM components of their acquisitions. This was a statement move by Tenable and a clear signal to the industry that they're more than just another vulnerability management company. Congratulations to Eureka, Tenable, and the Altitude Cyber team on a great deal.

Lots of noise in the DSPM category... "And Varonis just keeps doing what they do best — building a solid data security platform and scaling their business as a public company, including 17% YoY ARR growth last quarter." Most recently Varonis was recognized with the Customers' Choice distinction in the newest Gartner® report, "Voice of The Customer for Data Security Posture Management," with more verified five-star reviews from customers than any other vendor in this category! 🎉The 4th data security category Varonis is named a leader in. We're honored to provide our customers with automated, measurable outcomes and world-class data security. 🙌 Try the Varonis Data Security Platform for yourself in an hour or less with the industry's best DSPM. #DSPM #Varonis #datasecurity #datasecurityplatform #cloudsecurity

Datacentrix sale approved! The Independent Communications Authority of South Africa (Icasa) has approved Aliviva’s sale of Datacentrix to Convergence Partners clearing the final regulatory hurdle for the transaction to proceed. Convergence Partners announced in January that its Digital Infrastructure Fund (CPDIF) struck a deal with Alviva Holdings to acquire 100% of the Datacentrix Group. That was subject to certain conditions and regulatory approval by the Competition Commission and Icasa. In February 2024, the Competition Commission unconditionally approved the transaction. In a joining statement on 3 July 2024, Convergence Partners and Datacentrix confirmed that Icasa had also approved the buyout. “I am thrilled to welcome Convergence Partners to our family and look forward to working with the team to create exceptional business outcomes and to pave the way for a sustainable future,” said Datacentrix Group CEO Ahmed Mahomed Convergence Partners chair Andile Ngcaba said the firm was delighted with the approval. “We are entering Datacentrix at a time when the market is transitioning towards an AI driven enterprise, telco and public sector,” said Ngcaba. “With Datacentrix’s strong partnerships with leading global OEMs we will be forging new partnerships as the market consolidates.” Alviva is exiting Datacentrix to focus on its core operations in hardware distribution, following the firm’s delisting from the Johannesburg Stock Exchange in early 2023. Convergence Partners argues that Datacentrix is in an excellent spot to realise growth in the IT market. These Convergence Partners guys don't play. Nice🙌 #mergersandacquisitions

"We certainly had to work hard. There’s no shortage of competition in the MSP space, but between our leadership team and our terrific investors, we succeeded. And we approached the acquisition like we always do by being open and honest and talking through the positives of a potential acquisition, and also some of the risk areas," says Kevin Routhier, Coretelligent founder, president, and CEO. Our most recent acquisition expanded #Coretelligent's presence in the Mid-Atlantic region, reinforcing our vision of fortifying the company’s growth in key locations and industries through strategic partnerships, acquisitions, and organic growth. #acquisition #managedserviceprovider #MSP #ai #technology #infosec #managedITservices #cybersecurity #emergingtechnologies #cloudservices #technologyservices

Are you a Veritas Technologies LLC or Cohesity Customer? You are probably by now starting to consider what this acquisition means for your company and your future considering both #backup and #cybersecurity Why did the acquisition happen? Where is the value for the customers and What are to be expected and What is the timeframe for the changes coming? Surely changes are coming! Common for all M&A’s is a potential for optimising the new combined entity. This can happen by accelerating sales or cutting cost. IRL always the latter. Two software lines will be made into one product. Not in large by merging code, but by moving customers to the preferred platform. The platform of the future. This whole operation cutting cost and simplifying the business organisations will likely take 2-3 years and considerable resources before the savings can be realised. In the interim, everything else will have to have a lower priority.  Once completed the business should be leaner and better operating, and then growth phase can start again. Reality is missing out of 2-3 years of innovation and growth. Not at all standard diet for a fast startup! Interesting though, this acquisition is a reverse of the "standard model". In acquisitions we usually see established vendors picking up startups. Happens all the time. The fast growing cool startup runs out runway. Because they failed to execute on planning, or growth, or funding or the founder got simply got temped by an offer to sell. This time it is the other way around… This time it was the old technology that was picked up by new tech. In a financed deal with yet more new investors. Question is, was this investment made for the Tech, or the customers? Why would you invest in 30 year old tech if you are a startup winning and growing in the market with new wonderful innovative software? That leaves the other option the only one - Buying the customers. Just realise that Veritas customers have been in here for the long haul. Veritas customers still have Veritas because they prefer to keep it that way. Obviously. They have had years and years and multiple vendors to choose from but they still didn't change. Now within the next 1-3 years they will have to change to something new thus creating a pivot for Veritas customers to revisit that no-change decision. My two cents are if you have been wishing to stay where you are for a very long time, you wont appreciate getting nudged in a certain direction. And since you now have to change anyways why not look around and see what alternatives there are? If you are a Cohesity customer - Expect the next 1-3 years with your vendor being focussed on reorganisations and merging customers over. This period probably comes with less focus on innovations and new ideas. Stay put for the inevitable changes and hope for the best. Or perhaps consider the alternatives? There is no better time than now! Also read this by Rubrik's very own Mike Tornincasa: https://lnkd.in/gPd6xSFD

Logiq (OTCQX: LGIQ) reports Continued Progress with Major Corporate Initiatives Click to know more:- https://lnkd.in/dkEAcRfM #logiq #martechcubenews #marketingtechnology #digitalmarketing #technology #marketing #martechcube

For stakeholders and investors alike, during due diligence processes or acquisitions, it is to your advantage to show and prove how much your network is worth. Joel Pirard presents five key aspects that will help estimate the value of the network, and explains how the Digital Twin will help you to collate the numbers. #digpro #network #fibernetwork #electricnetwork #businessprocesses #valueinvesting #smartsociety

Congratulations to IONIX on raising additional $15M to Series A. IONIX helps enterprises reduce their attack surface by giving them a better view of their overall security posture and software supply chain across on-premises, cloud and third-party platforms and services. The company today announced that it has added $15 million to its previously announced $27 million Series A round. The new funding comes from new investor Maor Investments, with participation from existing investors Hyperwise Ventures, Team8 and U.S. Venture Partners (USVP). This now brings the company’s total funding to $50.3 million. Supply chain attacks have become increasingly common, all while enterprises rely on an ever-growing number of third-party services and tools — all of which struggle with the same problem themselves. Ionix promises that its service provides businesses with a single platform to understand and manage their overall attack surface.

Happy Wednesday, LinkedIn! I am extremely proud to announce a new chapter in PVM's journey! We've been recognized as a Gold-Tier Authorized Palantir Partner in the Palantir USG Channel Partner Program! This distinction echoes our unwavering dedication to our partners and underlines our 12+ year relationship with Palantir, a global leader in the world of transformative technology: https://lnkd.in/epdntdnu. As a Gold-tier partner, we have earned expanded access to Palantir’s vast resources, allowing us to deliver more advanced, AI-driven solutions designed to answer the distinct needs of our partners. Using the totality of Palantir's comprehensive AI-centric solution suite, which includes Palantir Foundry, Palantir Gotham, Palantir Apollo, Palantir FedStart, and the Palantir AI Platform (AIP), we are committed to further enhancing business processes and steering better, AI-facilitated decision-making capabilities. After over two decades in uniform, I founded PVM with a singular goal: to solve incredibly difficult, data-driven problems. We've made SIGNIFICANT strides in leveraging disparate data to improve mission outcomes, but there is much work to do. This partnership supercharges our passion and efforts to unlock data for good! For more details, please visit our Partnership Page on our website or reach out to our team at 619-930-5473 or info@pvmit.com. This marks the beginning of an exciting new phase in our collaboration, and I am eagerly looking forward to the AI-driven future that awaits us. Expect the best! Pat #PVM #Palantir #Partnership #AI #Technology