M&A Deals That Reshaped The Channel: October 2016
Submitted by Michael Novinson and Jimmy Sheridan on
(NOTE: This story was originally posted to CRN.com Nov. 16.)
Targeting The Cloud
Solution providers sought to widen their footprints in the cloud last month, with five of the 16 acquired companies specializing in cloud services, hosting or communications.
Vendor-specific expertise was also highly sought, as was industry specialization around banking and finance, government services, and oil and gas.
Eight of the acquired companies are based in the Northeast, three are based in the Midwest, two are based in the South and overseas, and one is based on the West Coast. Eight of the acquiring companies appear in the top 65 of 2016 CRN Solution Provider 500 rankings.
Acquisitions are ordered on the following slides based on the total number of employees at the firm being acquired.