When it comes to mergers and acquisitions, particularly in the field of cybersecurity, it seems impossible to put the brakes on.
For instance, the renowned cybersecurity business with more than 200,000 clients globally was bought by the international investment firm KKR. It bought the business from Thoma Bravo, another well-known name in the finance sector. This brings up another issue. Investment companies participate in the channel just as much as other businesses do.
18 businesses involved in M&A in August were chosen. Some transactions attracted notice due to their scale, with HP’s Poly purchase coming to an end. We saw the geographical reach of others. Included in this was Pax8’s purchase of Umbrellar, which enabled the cloud marketplace provider to grow its presence in New Zealand.
Lastly, it was 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.