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Security Firm Invicti Gets $625M To Drive Product Development
by Michael Novinson
‘This is a competitive marketplace. In order to win, we need to keep delivering better and better functionality and automation for our customers,’ Invicti President and COO Mark Ralls tells CRN.
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10 Ways Kyndryl Will Drive Innovation, Services: CEO Martin Schroeter
by Wade Tyler Millward
‘Kyndryl is a true IT services company with a customer-centered culture,’ Kyndryl CEO Martin Schroeter said Tuesday during a virtual event. ‘Customers are our North Star. We help our customers design, manage and modernize the technology systems that the world depends on every day.’
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Avanade Acquires Microsoft Dynamics Superstar Quantiq
by Steven Burke
“Quantiq is winning and punching well above its weight, more than any other Microsoft Dynamics partner in the world,” said Martin Wolf, president of martinwolf M&A Advisors which acted as an advisor to Quantiq on the transaction. “Avanade now has a significant Dynamics outsourcing capability.”
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MSP Power Play: Electric Scores $90M In Funding
by Joseph F. Kovar
‘Our plan was to go out and get investment for growth. We needed investment to hire software engineers and build our platform. We knew we needed to invest in sales and R&D. Fortunately our existing investors were excited about what we’re doing so there was no need to spend a couple of months pitching new investors,’ says Ryan Denehy, Electric CEO and founder.
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Kyndryl Executives Predict ‘Positive Revenue Growth’ In Four Years
by Wade Tyler Millward
‘We have a revenue growth problem, and we have a profitability problem,’ Kyndryl CEO Martin Schroeter told attendees during a virtual event Tuesday. ‘We think we can work on both of those simultaneously.’
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5 Things To Know About Apple’s M1 Pro, M1 Max Chips For MacBook Pro
by Dylan Martin
Apple is promising “dramatically more performance” and “significantly less” power draw than comparable Intel CPUs with its new M1 Pro and M1 Max chips that go inside the new MacBook Pro laptops. CRN reviews the most important things you should know.
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The CDW-Sirius Merger: 8 Big Profit And Sales Stats To Know
by Mark Haranas
From gross profit margins to hardware versus services sales, here are eight key data points and figures from CDW and Sirius Computer Solutions’ upcoming merger.
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eGroup Gets Equity, Plans Acquisitions As It Eyes Growth
by Joseph F. Kovar
‘For a company of our size—about $30 million in revenue—to grow like we want to, I felt it’s time to de-risk and to bring in the right people. We are pursuing organic growth to muscle up on what we have, and acquisitions to find additional capabilities we don’t have while expanding our footprint to areas where we don’t have the manpower,’ says Mike Carter, eGroup founder and principal.
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Aruba Networks, Pensando Team To ‘Take On The Giants’ With ‘Industry-First’ Distributed Services Switch
by Gina Narcisi
‘It’s fun to take on the big competitors and bring them down,’ says former Cisco CEO and Pensando Chairman John Chambers on the two companies’ new distributed services switch that brings software-defined services and security right to where the data is being processed.
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Here Were Microsoft’s Top Paid Executives In 2021
by Wade Tyler Millward
Microsoft saw $168.1 billion in sales for fiscal year 2021 as it hailed the results of “another year of historic financial performance.”
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Dell-VMware Spin-Off Set For Nov. 1, Stock Dividend Approved
by Mark Haranas
Following a special stock dividend approval by Dell Technologies’ board of directors Tuesday, Dell has unveiled a completion date of Nov. 1 to spin-off VMware.
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Splunk Launches Partner Program Revamp With Emphasis On Cloud Competencies
by Rick Whiting
The rebranding “Splunk Partnerverse” includes a new partner showcase and a line of certification badges – all intended to help partners communicate to customers about their Splunk-focused solutions, services and expertise.
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