Office Depot Delays Split, Considers Offer For Its Retail Business
ODP, the parent company of Office Depot, is delaying its planned split into two public companies, one focused on retail and one on B2B, as it evaluates offers to purchase its consumer business from both Staples and from a new undisclosed potential purchaser.
Paul Bay Takes Ingram Micro CEO Role, Alain Monie Moves To Executive Chairman
Bay, who has been at Ingram Micro for about 24 years, takes over as CEO during a time of big change in IT distribution, just six months after Ingram Micro was acquired by Platinum Equity and rivals Tech Data and Synnex merged to form TD Synnex and is now the world’s largest IT distributor.
TD Synnex CEO Rich Hume On Varnex And Tech Select Communities, Future Acquisitions And The Supply Chain
‘The [supply chain] backlog represents current needs and now there’s an emerging part of that backlog, which is future orders that are also part of that overall model. Our crystal ball would say that hopefully we’ll be beyond the peak by the middle of the year, and then really start to see progress being made and working it off in the back half of the year, says TD Synnex CEO Rich Hume.
Flashpoint Buys Risk Based Security To Better Quantify Risk
‘Supply chain risk and third-party vendor risk is front and center with CISOs and the broader security community across the enterprise and the public sector,’ Flashpoint CEO Josh Lefkowitz tells CRN.
Converge Technology Solutions’ Huge Acquisition Spree Continues With PDS
by Mark Haranas
Fast-growing Converge Technology Solutions made its 26th acquisition today with the purchase of fellow solution provider Paragon Development Systems as the company consolidates dozens of small North America-based channel partners.
Ensono Acquires ExperSolve In Mainframe Modernization Play
‘One of our strengths is that we were founded at the core as a mainframe services company. In today’s world, as we provide mainframe services, we also provide C-level executives at our clients with choices,‘ says Larry Goldberg, Ensono’s senior vice president of advisory and consulting services.
IBM Expands Environmental Sustainability Software Portfolio With Envizi Acquisition
by Rick Whiting
IBM will integrate Envizi’s applications, used by businesses to achieve their sustainability goals by analyzing and monitoring energy usage and emissions, with its own asset and supply chain management and environmental impact applications.
Cloud Solution Provider ConvergeOne Acquires Integration Partners
‘Speaking for me and my partner, we’re super proud of the company we built and the people that work at Integration Partners. And we felt the acquisition by ConvergeOne will be a good opportunity for growth for both ConvergeOne and the employees at Integration Partners,‘ says David Nahabedian, Integration Partners principal and co-founder.
GDT CEO Tom Ducatelli: H.I.G. Capital Investment Will Set Us Up For ‘Hypergrowth’
‘The hypergrowth that we are expecting to get from the new leadership and the investments in hiring new reps, new solutions architects and engineers across the country, and then underpinned by ability to do a couple of acquisitions, will help us hyper-accelerate some of the areas that we want to focus on,’ GDT’s CEO tells CRN.