Category Archives for "Managed Services News"

Jan 12

Implementing a Layered Cybersecurity Strategy

By | Managed Services News

Today’s threats use multiple vectors to attack, from malicious email attachments to infected web ads to phishing sites. Criminals combine a range of threat technologies, deployed in numerous stages, to infect computers and networks. This blended approach increases the likelihood of success, the speed of contagion and the severity of damage.

The only way to keep your clients safe is with a layered cybersecurity strategy that can secure users and their devices at every stage of an attack, across every possible attack vector. The following guide is designed to help MSPs develop an effective IT security program for their clients.

 Brought to you by: 

 

Jan 12

Lockdown Lessons: Why Hackers Hack – The Stereotype

By | Managed Services News

Thanks to Hollywood depictions, there are a lot of myths and stereotypes that influence what we think of as a “hacker.” In this guide, you’ll get an in-depth exploration of the kinds of people who turn to hacking, plus history, myths, and realities, to help you better understand and identify your adversary.

Brought to you by: 

Jan 12

Hornetsecurity Acquires Altaro for Expanded Security Services

By | Managed Services News

Hornetsecurity is the leading email security provider in Europe.

Hornetsecurity has acquired Altaro, a global backup provider and Veeam rival.

Based in Germany, Hornetsecurity is the leading email security provider in Europe. It operates in more than 30 countries. Its services are sold through its international channel partner network and used by more than 40,000 customers.

This acquisition builds on Hornetsecurity’s acquisition of Spamina, a Spanish cloud email security solutions provider. It also previously acquired EveryCloud, its British market partner.

The companies aren’t disclosing financial details of the acquisition.

Altaro's Stephen Chetcut Bonavita

Altaro’s Stephen Chetcut Bonavita

Stephen Chetcuti Bonavita is Altaro‘s co-founder and chief commercial officer.

“Partners who sell backup solutions also typically sell email security solutions,” he said. “It would be more convenient for a partner to get both types of offerings from a single vendor. By joining forces through this acquisition, Hornetsecurity and Altaro will now be in a position to meet that need.”

Altaro develops backup solutions for Hyper-V, VMware, physical servers, network endpoints and Microsoft Office 365. Those complement Hornetsecurity’s email and compliance solutions, particularly in the sphere of Microsoft 365 environments, Altaro said.

As we integrate Altaro’s backup solutions into Hornetsecurity’s product portfolio, we can provide customers with a comprehensive data protection package,” Chetcuti Bonavita said. “This will enable our channel partners to provide their customers with a complete security and compliance solution for their cloud technologies.”

The Right Strategic Buyer

Hornetsecurity was “exactly the right strategic buyer” for Altaro, Chetcuti Bonavita said.

“Our combined know how and experience, and the innovative combination of our product suites places us in good stead to become Europe’s No. 1 security, compliance and backup provider,” he said. “Our goal is to make our partners’ and customers’ lives easier and this applies here, too. While it is too early to provide exact details, we are channel-focused and that will continue to drive what we do.”

Hornetsecurity's Daniel Blank

Hornetsecurity’s Daniel Blank

Daniel Blank is Hornetsecurity’s COO.

MSPs and IT outsourcers are rapidly expanding their cloud architectures and services,” he said. “With the acquisition of Altaro, we are not only expanding our security services for M365, but also responding to our channel’s growing need for Hyper-V and VMware backup solutions. Altaro’s 100% commitment to the channel, its partners’ clear respect of their technical support, and their excellent product were key factors in our decision. The acquisition will also strengthen our international marketing and sales. Together, we will strengthen and expand our partner networks, which will further boost growth of the entire Hornetsecurity Group.”

Jan 12

COVID-19 Doesn’t Stop Record Tech, Telecom M&A in 2020

By | Managed Services News

Both spending and deals were up last year.

Despite the global pandemic, tech and telecom M&A hit a new record in 2020, topping $600 billion in total value.

That’s according to 451 Research, part of S&P Global Market Intelligence.

Tech and telecom M&A spending last year soared to its highest level since the dot-com collapse. And last year’s record performance came in a historically abrupt boom-bust cycle.

A recession-led decline that can last years only knocked dealmakers out of the market for a few months in 2020. By summer, acquirers’ pent-up demand, combined with Wall Street’s confidence in the tech sector to thrive, not just survive, during the pandemic, flooded into the tech M&A market

Scott Denne is a senior research analyst with S&P Global Market Intelligence.

451 Research's Scott Denne

S&P Global Market Intelligence’s Scott Denne

“Both spending and deals were up last year,” he said. “According to 451 Research’s M&A KnowledgeBase, acquirers spent $604 billion on 3,993 global tech targets, compared to $476 billion on 3,729 targets in 2019.”

Collapse and Recovery

Acquisition spending dropped in the second quarter of 2020 to its lowest quarterly level in a decade. However, the average totals for both the third and fourth quarters was more than six times higher than spring’s slump.

Last year was the busiest overall year for tech deals since 2016.

Semiconductors accounted for three of the five largest tech acquisitions this year,” Denne said. “As a mature, cyclical industry, it’s not uncommon for chip companies to take up a big chunk of tech M&A spend. What’s unusual this year is that those companies fetched premium valuations. All three of them – Arm, Maxim and Xilinx – were valued at or above nine times trailing revenue. The median multiple for a $1 billion-plus semiconductor target, according to the M&A KnowledgeBase, is just 3.5 times since 2010.

The against-the-odds recovery in tech M&A even outpaced the stunning bull market rebound on Wall Street. On a total return basis, the S&P 500 climbed 18% in 2020, led by a 44% gain by the tech names in the benchmark index, according to S&P Global Market Intelligence.

Denne expects the momentum to continue in 2021.

“Though it’s impossible to predict how the entire year will unfold, the conditions that facilitated a strong tech M&A market in 2020 – a rising stock market, stabilizing IT budgets and an acceleration of digital living and working – are still in place,” he said.

Jan 12

COVID-19 Doesn’t Stop Record Tech, Telecom M&A in 2020

By | Managed Services News

Both spending and deals were up last year.

Despite the global pandemic, tech and telecom M&A hit a new record in 2020, topping $600 billion in total value.

That’s according to 451 Research, part of S&P Global Market Intelligence.

Tech and telecom M&A spending last year soared to its highest level since the dot-com collapse. And last year’s record performance came in a historically abrupt boom-bust cycle.

A recession-led decline that can last years only knocked dealmakers out of the market for a few months in 2020. By summer, acquirers’ pent-up demand, combined with Wall Street’s confidence in the tech sector to thrive, not just survive, during the pandemic, flooded into the tech M&A market

Scott Denne is a senior research analyst with S&P Global Market Intelligence.

451 Research's Scott Denne

S&P Global Market Intelligence’s Scott Denne

“Both spending and deals were up last year,” he said. “According to 451 Research’s M&A KnowledgeBase, acquirers spent $604 billion on 3,993 global tech targets, compared to $476 billion on 3,729 targets in 2019.”

Collapse and Recovery

Acquisition spending dropped in the second quarter of 2020 to its lowest quarterly level in a decade. However, the average totals for both the third and fourth quarters was more than six times higher than spring’s slump.

Last year was the busiest overall year for tech deals since 2016.

Semiconductors accounted for three of the five largest tech acquisitions this year,” Denne said. “As a mature, cyclical industry, it’s not uncommon for chip companies to take up a big chunk of tech M&A spend. What’s unusual this year is that those companies fetched premium valuations. All three of them – Arm, Maxim and Xilinx – were valued at or above nine times trailing revenue. The median multiple for a $1 billion-plus semiconductor target, according to the M&A KnowledgeBase, is just 3.5 times since 2010.

The against-the-odds recovery in tech M&A even outpaced the stunning bull market rebound on Wall Street. On a total return basis, the S&P 500 climbed 18% in 2020, led by a 44% gain by the tech names in the benchmark index, according to S&P Global Market Intelligence.

Denne expects the momentum to continue in 2021.

“Though it’s impossible to predict how the entire year will unfold, the conditions that facilitated a strong tech M&A market in 2020 – a rising stock market, stabilizing IT budgets and an acceleration of digital living and working – are still in place,” he said.

Jan 12

COVID-19 Doesn’t Stop Record Tech, Telecom M&A in 2020

By | Managed Services News

Both spending and deals were up last year.

Despite the global pandemic, tech and telecom M&A hit a new record in 2020, topping $600 billion in total value.

That’s according to 451 Research, part of S&P Global Market Intelligence.

Tech and telecom M&A spending last year soared to its highest level since the dot-com collapse. And last year’s record performance came in a historically abrupt boom-bust cycle.

A recession-led decline that can last years only knocked dealmakers out of the market for a few months in 2020. By summer, acquirers’ pent-up demand, combined with Wall Street’s confidence in the tech sector to thrive, not just survive, during the pandemic, flooded into the tech M&A market

Scott Denne is a senior research analyst with S&P Global Market Intelligence.

451 Research's Scott Denne

S&P Global Market Intelligence’s Scott Denne

“Both spending and deals were up last year,” he said. “According to 451 Research’s M&A KnowledgeBase, acquirers spent $604 billion on 3,993 global tech targets, compared to $476 billion on 3,729 targets in 2019.”

Collapse and Recovery

Acquisition spending dropped in the second quarter of 2020 to its lowest quarterly level in a decade. However, the average totals for both the third and fourth quarters was more than six times higher than spring’s slump.

Last year was the busiest overall year for tech deals since 2016.

Semiconductors accounted for three of the five largest tech acquisitions this year,” Denne said. “As a mature, cyclical industry, it’s not uncommon for chip companies to take up a big chunk of tech M&A spend. What’s unusual this year is that those companies fetched premium valuations. All three of them – Arm, Maxim and Xilinx – were valued at or above nine times trailing revenue. The median multiple for a $1 billion-plus semiconductor target, according to the M&A KnowledgeBase, is just 3.5 times since 2010.

The against-the-odds recovery in tech M&A even outpaced the stunning bull market rebound on Wall Street. On a total return basis, the S&P 500 climbed 18% in 2020, led by a 44% gain by the tech names in the benchmark index, according to S&P Global Market Intelligence.

Denne expects the momentum to continue in 2021.

“Though it’s impossible to predict how the entire year will unfold, the conditions that facilitated a strong tech M&A market in 2020 – a rising stock market, stabilizing IT budgets and an acceleration of digital living and working – are still in place,” he said.

Jan 12

COVID-19 Doesn’t Stop Record Tech, Telecom M&A in 2020

By | Managed Services News

Both spending and deals were up last year.

Despite the global pandemic, tech and telecom M&A hit a new record in 2020, topping $600 billion in total value.

That’s according to 451 Research, part of S&P Global Market Intelligence.

Tech and telecom M&A spending last year soared to its highest level since the dot-com collapse. And last year’s record performance came in a historically abrupt boom-bust cycle.

A recession-led decline that can last years only knocked dealmakers out of the market for a few months in 2020. By summer, acquirers’ pent-up demand, combined with Wall Street’s confidence in the tech sector to thrive, not just survive, during the pandemic, flooded into the tech M&A market

Scott Denne is a senior research analyst with S&P Global Market Intelligence.

451 Research's Scott Denne

S&P Global Market Intelligence’s Scott Denne

“Both spending and deals were up last year,” he said. “According to 451 Research’s M&A KnowledgeBase, acquirers spent $604 billion on 3,993 global tech targets, compared to $476 billion on 3,729 targets in 2019.”

Collapse and Recovery

Acquisition spending dropped in the second quarter of 2020 to its lowest quarterly level in a decade. However, the average totals for both the third and fourth quarters was more than six times higher than spring’s slump.

Last year was the busiest overall year for tech deals since 2016.

Semiconductors accounted for three of the five largest tech acquisitions this year,” Denne said. “As a mature, cyclical industry, it’s not uncommon for chip companies to take up a big chunk of tech M&A spend. What’s unusual this year is that those companies fetched premium valuations. All three of them – Arm, Maxim and Xilinx – were valued at or above nine times trailing revenue. The median multiple for a $1 billion-plus semiconductor target, according to the M&A KnowledgeBase, is just 3.5 times since 2010.

The against-the-odds recovery in tech M&A even outpaced the stunning bull market rebound on Wall Street. On a total return basis, the S&P 500 climbed 18% in 2020, led by a 44% gain by the tech names in the benchmark index, according to S&P Global Market Intelligence.

Denne expects the momentum to continue in 2021.

“Though it’s impossible to predict how the entire year will unfold, the conditions that facilitated a strong tech M&A market in 2020 – a rising stock market, stabilizing IT budgets and an acceleration of digital living and working – are still in place,” he said.

Jan 12

COVID-19 Doesn’t Stop Record Tech, Telecom M&A in 2020

By | Managed Services News

Both spending and deals were up last year.

Despite the global pandemic, tech and telecom M&A hit a new record in 2020, topping $600 billion in total value.

That’s according to 451 Research, part of S&P Global Market Intelligence.

Tech and telecom M&A spending last year soared to its highest level since the dot-com collapse. And last year’s record performance came in a historically abrupt boom-bust cycle.

A recession-led decline that can last years only knocked dealmakers out of the market for a few months in 2020. By summer, acquirers’ pent-up demand, combined with Wall Street’s confidence in the tech sector to thrive, not just survive, during the pandemic, flooded into the tech M&A market

Scott Denne is a senior research analyst with S&P Global Market Intelligence.

451 Research's Scott Denne

S&P Global Market Intelligence’s Scott Denne

“Both spending and deals were up last year,” he said. “According to 451 Research’s M&A KnowledgeBase, acquirers spent $604 billion on 3,993 global tech targets, compared to $476 billion on 3,729 targets in 2019.”

Collapse and Recovery

Acquisition spending dropped in the second quarter of 2020 to its lowest quarterly level in a decade. However, the average totals for both the third and fourth quarters was more than six times higher than spring’s slump.

Last year was the busiest overall year for tech deals since 2016.

Semiconductors accounted for three of the five largest tech acquisitions this year,” Denne said. “As a mature, cyclical industry, it’s not uncommon for chip companies to take up a big chunk of tech M&A spend. What’s unusual this year is that those companies fetched premium valuations. All three of them – Arm, Maxim and Xilinx – were valued at or above nine times trailing revenue. The median multiple for a $1 billion-plus semiconductor target, according to the M&A KnowledgeBase, is just 3.5 times since 2010.

The against-the-odds recovery in tech M&A even outpaced the stunning bull market rebound on Wall Street. On a total return basis, the S&P 500 climbed 18% in 2020, led by a 44% gain by the tech names in the benchmark index, according to S&P Global Market Intelligence.

Denne expects the momentum to continue in 2021.

“Though it’s impossible to predict how the entire year will unfold, the conditions that facilitated a strong tech M&A market in 2020 – a rising stock market, stabilizing IT budgets and an acceleration of digital living and working – are still in place,” he said.

Jan 12

COVID-19 Doesn’t Stop Record Tech, Telecom M&A in 2020

By | Managed Services News

Both spending and deals were up last year.

Despite the global pandemic, tech and telecom M&A hit a new record in 2020, topping $600 billion in total value.

That’s according to 451 Research, part of S&P Global Market Intelligence.

Tech and telecom M&A spending last year soared to its highest level since the dot-com collapse. And last year’s record performance came in a historically abrupt boom-bust cycle.

A recession-led decline that can last years only knocked dealmakers out of the market for a few months in 2020. By summer, acquirers’ pent-up demand, combined with Wall Street’s confidence in the tech sector to thrive, not just survive, during the pandemic, flooded into the tech M&A market

Scott Denne is a senior research analyst with S&P Global Market Intelligence.

451 Research's Scott Denne

S&P Global Market Intelligence’s Scott Denne

“Both spending and deals were up last year,” he said. “According to 451 Research’s M&A KnowledgeBase, acquirers spent $604 billion on 3,993 global tech targets, compared to $476 billion on 3,729 targets in 2019.”

Collapse and Recovery

Acquisition spending dropped in the second quarter of 2020 to its lowest quarterly level in a decade. However, the average totals for both the third and fourth quarters was more than six times higher than spring’s slump.

Last year was the busiest overall year for tech deals since 2016.

Semiconductors accounted for three of the five largest tech acquisitions this year,” Denne said. “As a mature, cyclical industry, it’s not uncommon for chip companies to take up a big chunk of tech M&A spend. What’s unusual this year is that those companies fetched premium valuations. All three of them – Arm, Maxim and Xilinx – were valued at or above nine times trailing revenue. The median multiple for a $1 billion-plus semiconductor target, according to the M&A KnowledgeBase, is just 3.5 times since 2010.

The against-the-odds recovery in tech M&A even outpaced the stunning bull market rebound on Wall Street. On a total return basis, the S&P 500 climbed 18% in 2020, led by a 44% gain by the tech names in the benchmark index, according to S&P Global Market Intelligence.

Denne expects the momentum to continue in 2021.

“Though it’s impossible to predict how the entire year will unfold, the conditions that facilitated a strong tech M&A market in 2020 – a rising stock market, stabilizing IT budgets and an acceleration of digital living and working – are still in place,” he said.

Jan 12

COVID-19 Doesn’t Stop Record Tech, Telecom M&A in 2020

By | Managed Services News

Both spending and deals were up last year.

Despite the global pandemic, tech and telecom M&A hit a new record in 2020, topping $600 billion in total value.

That’s according to 451 Research, part of S&P Global Market Intelligence.

Tech and telecom M&A spending last year soared to its highest level since the dot-com collapse. And last year’s record performance came in a historically abrupt boom-bust cycle.

A recession-led decline that can last years only knocked dealmakers out of the market for a few months in 2020. By summer, acquirers’ pent-up demand, combined with Wall Street’s confidence in the tech sector to thrive, not just survive, during the pandemic, flooded into the tech M&A market

Scott Denne is a senior research analyst with S&P Global Market Intelligence.

451 Research's Scott Denne

S&P Global Market Intelligence’s Scott Denne

“Both spending and deals were up last year,” he said. “According to 451 Research’s M&A KnowledgeBase, acquirers spent $604 billion on 3,993 global tech targets, compared to $476 billion on 3,729 targets in 2019.”

Collapse and Recovery

Acquisition spending dropped in the second quarter of 2020 to its lowest quarterly level in a decade. However, the average totals for both the third and fourth quarters was more than six times higher than spring’s slump.

Last year was the busiest overall year for tech deals since 2016.

Semiconductors accounted for three of the five largest tech acquisitions this year,” Denne said. “As a mature, cyclical industry, it’s not uncommon for chip companies to take up a big chunk of tech M&A spend. What’s unusual this year is that those companies fetched premium valuations. All three of them – Arm, Maxim and Xilinx – were valued at or above nine times trailing revenue. The median multiple for a $1 billion-plus semiconductor target, according to the M&A KnowledgeBase, is just 3.5 times since 2010.

The against-the-odds recovery in tech M&A even outpaced the stunning bull market rebound on Wall Street. On a total return basis, the S&P 500 climbed 18% in 2020, led by a 44% gain by the tech names in the benchmark index, according to S&P Global Market Intelligence.

Denne expects the momentum to continue in 2021.

“Though it’s impossible to predict how the entire year will unfold, the conditions that facilitated a strong tech M&A market in 2020 – a rising stock market, stabilizing IT budgets and an acceleration of digital living and working – are still in place,” he said.

>