Channel programs News
Channel Beat: Inside The Blockbuster Acquisition Of Optiv
Security solution provider Optiv announced an acquisition by private equity firm KKR & Co. this week, with current owner Blackstone Group maintaining a minority stake in the company.
Under the new ownership, Optiv plans to expand globally. Optiv is the creation of the 2015 merger between Accuvant and FishNet Security.
The company filed for an IPO in November, reporting revenue of $947 million for the year.
It's unclear whether the change of ownership will affect that IPO.
Dimension Data Americas CEO Mark Slaga left the company this week and reportedly has been replaced by Dimension Data Europe CEO Andrew Coulsen.
Dimension Data Americas CFO Eric Gibson also left the company, according to one source.
Sources say the changes are part of a larger overall strategy to move the company toward a global operation under a structure with one top sales leader in each of its regions.
Slaga was at the helm of the company since July 2013, and spent 16 years working in various roles at Dimension Data.
This week Xerox's incoming North America president, Mike Feldman, told CRN that the company plans to transfer tens of thousands direct sales accounts to channel partners.
Those accounts will likely include upper midmarket and smaller enterprise accounts.
Feldman takes over the role of North American leader at the start of 2017, while the company spins off its business process outsourcing division.