Mergers and AcquisitionsIoT Security M&A: Secure-IC Acquires Silex InsightJoe PanettieriNovember 23, 2022Cloud-based security platform allows partners & customers to remotely manage embedded security solutions, Secure-IC and Silex Insight assert.
Mergers and AcquisitionsDigital Transformation M&A: Accolite Acquires FinTech Consultancy TeamTekNovember 22, 2022Accolite Digital gains DevOps, DataOps and digital transformation expertise for investment banks, clearing houses & asset managers.
Security Staff Acquisition & DevelopmentHP Layoffs 2022: Up to 6,000 Job Cuts Amid PC, Printer Market WeaknessJoe PanettieriNovember 22, 2022HP spins three-year layoff plan as "Future Ready Transformation" strategy. HPQ job cuts, hitting 4,000 to 6,000 employees, will extend into fiscal 2025.
Mergers and AcquisitionsMicrosoft Cloud Consulting Partner M&A: HSO Acquires Motion10Sharon FlorentineNovember 22, 2022HSO gains managed cloud services expertise spanning data, AI (artificial intelligence), cybersecurity & low-code application capabilities.
Mergers and AcquisitionsNoventiq, Formerly Softline, Acquires MSPs and Cybersecurity ConsultanciesJoe PanettieriNovember 21, 2022Softline Holdings rebrands as Noventiq. London-based IT consulting firm acquires MSPs (managed IT service providers) & cybersecurity consulting firms.
Mergers and AcquisitionsMSP M&A: People Driven Technology Acquiring Access-InteractiveNovember 21, 2022Value-added reseller (VAR) set to gain managed IT services provider (MSP) & IT consulting firm that generates over $20 million in annual revenues.
Mergers and AcquisitionsSoftware Engineering M&A: Exadel Acquires CodeteNovember 18, 2022California custom software developer & consulting company gains e-commerce, UX, big data and cloud capabilities.
Mergers and AcquisitionsMSP M&A: Xobee Acquires ZAPtech SolutionsNovember 17, 2022Xobee has made its second acquisition of the month, buying IT support firm ZAPtech Solutions for nonprofit expertise.