The 10 Biggest Channel Mergers And Acquisitions Of 2016 (So Far)

Email this CRN article

8. Presidio

Company acquired: Netech

Head count: 430 employees

Annual sales: $300 million

Purchase price: Not disclosed

Deal closed: Feb. 2, 2016

New York-based Presidio, No. 21 on the CRN SP 500, acquired Netech in January.

Caledonia, Mich.-based Netech is one of Cisco Systems' top partners in the Midwest and, according to Presidio, has expanded the company's expertise in cloud, security and collaboration.

The purchase of Netech, No. 107 on the SP 500, has since resulted in the creation of Presidio's sixth geographic area - the Presidio North Central Area, which is now headed by former Netech Executive Vice President Mark Wierenga, as the current Presidio North Central Area President.

Netech customers are currently able to tap into Presidio's cybersecurity, cloud, Internet of Things and managed services business units, according to the company, and Netech's physical security offering will soon be expanded to Presidio customers.

Email this CRN article