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Tag Archives: acquisition

Xerox acquires two service and technology providers

 Xerox has announced the acquisition of two services and technology providers, Altodigital and ITEC Connect, in the UK. “We’re supporting small and midsize businesses seeking a modern work experience through two acquisitions in the U.K.,” said Xavier Heiss, EVP and president of EMEA Operations, Xerox. “Altodigital and ITEC are both leaders in managed print …

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WatchGuard Technologies to acquire Panda Security

WatchGuard Technologies has announced that it has entered into a definitive agreement to acquire Panda Security. Once the integration is complete, WatchGuard says the joint customer and partner community will “benefit from a powerful security platform that bridges the network and user perimeter, touting the same combination of innovative security …

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QBS acquires security software distribution group AlphaGen

dave stevinson of QBS distribution

QBS Technology Group has acquired 4SEC Group Limited and the related companies Alpha Generation Distribution Limited and 4SERV Limited (together “AlphaGen”) – a specialist value-added distributor of security software. AlphaGen has offices in Retford and Basingstoke, employing 36 personnel. It generated sales of £9.6 million for the twelve months ended …

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McAfee to acquire browser isolation brand Light Point Security

Cybersecurity company McAfee has entered into a definitive agreement to acquire browser isolation pioneer Light Point Security. Upon the close of the acquisition, the Light Point Security team will join McAfee. The increasing use of the Internet, and the accelerating adoption of the cloud by companies, has made the browser …

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Northamber completes acquisition of Audio Visual Material

UK AV and IT distributor Northamber has announced the completion of the acquisition of Audio Visual Material Limited (AVM). Northamber says the acquisition is in line with its strategy of focusing on growing its value add distribution business and reinforces its commitment to the UK market. The distributor already has …

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Exertis strengthens Pro AV arm with Keren BV acquisition

Exertis (the principal trading name of DCC Technology) has announced the acquisition of Kerèn BV, a specialist, value-add, Pro AV distributor. Based in Almere in the Netherlands, the company achieved revenues of €16 million in its last financial year and employs 12 people. Kerèn B.V. sells to Pro AV system …

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Google buys Fitbit for $2.1 billion

Google has acquired San Francisco-based fitness tracker brand Fitbit for $2.1 billion (£1.6 billion). The deal is Google’s biggest consumer purchase since it paid $3 billion for smart home brand Nest five years ago. With the coming together of two large technology companies, unsurprisingly, the deal has received instant scrutiny. …

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CMS acquires French distributor Avesta

CMS Distribution has acquired Avesta, a French distributor based in the outskirts of Paris. Avesta specialises in distributing mobile solutions and high-tech products. Focused on the French market, it employs 32 people. CMS says this acquisition further strengthens its position as one of Europe’s leading IT specialist distributor. “We are …

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Stone Group acquires custom PC builder DinoPC

Public and private sector ICT solutions provider Stone Group has completed the acquisition of DinoPC, a supplier of custom PCs for gaming and entertainment. The acquisition means Stone Group is able to extend its provision of specialist equipment to gaming enthusiasts. Stone currently builds high-end gaming desktops, which are supplied …

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McAfee acquires security platform NanoSec

McAfee has announced the acquisition of NanoSec, a multi-cloud, zero-trust application and security platform. The acquisition will enable organisations to “improve governance and compliance” and to “reduce risk of their cloud and container deployments”. The acquisition of NanoSec will strengthen the container security capabilities of McAfee MVISION Cloud and MVISION …

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