A $3.3 billion acquisition strengthens opportunities for hybrid work. Can you guess which deal?
As our latest M&A edition shows, we observed some of the same trends in August as we did in July. It appears there’s no hitting the brakes when it comes to cybersecurity mergers and acquisitions in particular.
For example, global investment firm KKR has acquired a prominent cybersecurity company with more than 200,000 customers worldwide. It purchased the company from another familiar face in the investment world, Thoma Bravo. This raises another point. Investment firms are as much a part the channel as other organizations.
We selected 18 companies that participated in M&A in August. Some deals got attention for their size, such as HP closing its Poly acquisition. We paid attention to others for their geographic reach. This included Pax8‘s acquisition of Umbrellar, which allows the cloud marketplace provider to expand into New Zealand.
Lastly, we focused on one acquisition across the pond: OpenText is acquiring its British rival, Micro Focus. Unfortunately, Micro Focus is dogged by a number of financial challenges. The bright side is that OpenText may be able to turn things around.
See our slideshow above for all of the latest channel-impacting M&A. Then, if you didn’t catch our previous M&A gallery, you can find it here.