Author: Nick Farrell

KKR snaps up Barracuda

Private equity powerhouse KKR is acquiring email security provider Barracuda Networks from another private equity outfit, Thoma Bravo.

Barracudafocuses on serving small- and medium-sized enterprises with a broad suite of cybersecurity offerings, including email protection, application security, network security and data protection. It also has a partner program for MSPs. Barracuda, founded in 2003, has about 200,000 customers worldwide, according to a company press release.

Mastercard opens European Technology Hub in Dublin

Dublin CourtsMastercard has opened its European Technology Hub in Dublin and staff based at the centre will develop payments security, application programming interfaces and emerging technologies.

Mastercard launched its operations in Dublin in 2008 with 36 staff and once the new hub is fully staffed by 2025, it will increase the company’s Dublin workforce from 975 to 2,000.

Ed McLaughlin, president of Mastercard operations and technology said that the tech hub is part of Mastercard’s Future of Work initiative, which focuses on how, where and when employees collaborate.

Vodafone switches on more 5G networks

Vodafone has switched on its 5G network in 12 more locations across the UK. The latest locations with access to the Vodafone 5G network are: Coventry, Dursley, Golborne, Keynsham, Llantwit Major, Lydney, Redditch, Rickmansworth, South Lackenby, Thornbury, Watford and Wigan.

5G also opens the door to smart wireless factories for UK manufacturers, which can dramatically improve efficiency by using private 5G networks, said Vodafone. The operator suggested that in the future, the faster response times of 5G could enable smart car parking, remote health services and even enable ambulances to communicate with community infrastructure, such as traffic lights.

Kaseya buys a bit of dis and all of Datto

Kaseya has acquired MSP service provider Datto in a deal valued at $6.2 billion.

Datto stockholders will receive $35.50 per share, valuing the MSP vendor at $6.2bn. The offer is a 52 percent premium on Datto’s unaffected stock price of $23.37 as of March 16 2022, and a 48 percent premium on the unaffected 30-day volume-weighted average price of Datto stock leading up to 16 March 2022.

Datto will be de-listed from the New York Stock Exchange once the transaction has completed. Datto raised $594 million in its IPO on the New York Stock Exchange in October 2020, reaching a valuation of $4 billion.

Prime snaps up TNSC

Prime Networks has written a cheque for TNSC.

Surrey-based TNSC provides outsourced and on-site support for SMEs, schools, NHS trusts and larger organisations.

The business will expand the national reach of Prime’s team to 65 staff across offices in London and the Southeast of England.

Back-from-the-dead Comet appoints Lamb

Back-from-the-dead retailer Comet has announced that Shawn Lamb has been appointed to head up the business.

Comet was founded in 1933 and became a staple of the UK retail market before its demise in 2012 .

UK Computer Group, which is now known as the Misco Technologies Group, revived the name in 2019 having bought the rights from Deloitte, which was acting as liquidator.

Channel wrestles with hybrid working

Nuvias’s latest UK channel partner survey has discovered that many are wrestling with hybrid working.

Most partners expect the growth that they experienced last year to continue, with 75 percent experiencing growth between 2-10 percent last year, and 62 percent expecting that to be the same again this year.

CWSI raises cash to go dutch

MSSP CWSI has raised £17.5 million and snapped up a Dutch security outfit.

The funding was led by private equity firm Castlegate Investments but also includes a new debt facility from “a major Irish bank”, CWSI claims, which will be put towards accelerating its expansion in Europe.

The MSSP announced that it has made its first acquisition in mainland Europe snapping up Dutch mobility and security specialist BLAUD.

Based in Utrecht, BLAUD was founded in 2007 and provides professional services, technical consulting and support services. The firm works with vendors including Microsoft, Blackberry, Apple, Samsung, Lookout and Check Point, according to its website.

BLAUD will become a wholly-owned subsidiary within the CWSI Group. Its 20 employees, including CEO and co-founder Theirry Lammers will join the enlarged business.

Cadline merges with three others to form VinZero

Surrey-based  software developer Cadline has merged with three other brands to launch VinZero.

Cadline will merge with A2K Technologies, US CAD, and Capricot India having worked together for the past few years under a Global Alliance agreement.

Cadline said VinZero was be driven “driven by a desire to use capacity and experience to serve local and global customers at scale”.

Capita secures Northern Ireland education contract extension

Capita has secured a two-year contract extension worth more than £50 million to continue delivering managed IT services for all of Northern Ireland’s 1,100 schools.

The Northern Ireland’s Education Authority (EA) contract extension will last until 31 March 2024.

Capita will provide local area networks, cloud services, service desk support, networked desktop and portable devices and digital learning services for pupils and teachers.

Dell brings recycling system to the UK

Dell is bringing its ‘modernised’ IT disposal services to the UK.

The vendor launched its Asset Recovery Services to the UK, which it claims will provide a “modern, simplified and standardised offer to help customers scale their recycling efforts”.  There is an online portal to help retire and recycle any laptop, desktop, server or accessory regardless of brand.

Dell says the self-service portal simplifies asset disposition “even more” and provides businesses with real-time value estimates, comprehensive resources and streamlined takeback of devices. Asset Recovery Services is available through Dell Technologies and its channel partners.

Cloudy Rackspace improves Akamai partnership

Rackspace announced enhancements to its strategic partnership with Akamai Technologies to offer global businesses consultative services to help secure their applications and APIs.

Through the partnership, Rackspace and Akamai will help commercial customers secure their cloud workloads using Akamai’s Web Application and API Protector.

Rackspace Vice President of Security Services Gary Alterson said: “We are focused on bringing best-in-class cloud security solutions to our customers and are excited about expanding our relationship with Akamai to provide expert guidance and Fanatical Support™ to unlock Akamai application protection for businesses that would previously be unable to afford such advanced capabilities.”

CMS Distribution teams up with Fujitsu

CMS Distribution has signed a distribution agreement with Fujitsu that covers the full range of technology products, solutions and services.

The partnership with Fujitsu will see CMS Distribution’s partners gain access to Fujitsu’s full suite of tech solutions and enable the Japanese business “to broaden their customer reach”.

CMS Alliance’s Nick Bailey said: “We’re incredibly excited to partner with Fujitsu and be able to offer their business and consumer solutions and support its channel growth with our targeted marketing programmes, technical support and financial services.

Forrester McBain defects to Canalys

Forrester lead global analyst Jay McBain has confirmed he has defected to join rival Canalys, according to his Linkedin profile.

The channel guru will be Canalys’ chief analyst and lead its North America Research Programme while participating in wider worldwide research.

Canalys VP Channels Alex Smith said: “Jay is both a thought leader and challenger in the field of channels and ecosystems. We are delighted to have Jay join our growing team of analysts across the Americas, Asia Pacific and Europe.”

SysGroup swallows Truststream Security Solutions

SysGroup is acquiring Truststream Security Solutions for more than £4 million.

The buy out will be funded from SysGroup’s existing cash balance and a new revolving credit facility of £8 million provided by Santander.

For those not in the know, Edinburgh-based Truststream is a provider of security transformation services and its offering covers all aspects of cyber security from analysis and threat detection, through protection architecture and implementation, to incident response and ongoing 24/7 support and training.