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The 10 Top News Stories Of 2019 (So Far)

Cloud outages, the JEDI cloud contract controversy, blockbuster vendor and channel acquisitions, the rise of Everything-as-a-Service and a wave of attacks against MSPs are among the top news stories so far in 2019.

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3. Channel Consolidation

Merger and acquisition activity has been equally brisk in the channel this year as systems integrators, strategic service providers and solution providers have gone shopping for channel companies to expand their product and service offerings, extend their expertise and enlarge their customer base.

IT services giant Capgemini, for example struck a deal in June to acquire engineering and R&D services provider Altran for $4.1 billion. That acquisition, expected to be completed by the end of the year, will bring more operations technology expertise to Capgemini and build up its service offerings in engineering and R&D.

DXC Technology began 2019 with an agreement to acquire Luxoft, a Switzerland-based digital consulting firm, for $2 billion and closed the acquisition in June. Channel leaders Insight Enterprises and PCM—No. 14 and No. 30, respectively, on the CRN Solution Provider 500—struck a blockbuster deal in June for Insight to buy PCM for $581 million.

Corsica Technologies made a bid to become a leading next-generation IT services provider with a deal in April to buy EDTS and EDTS Cyber, a top MSP and MSSP. In July Houston-based solution provider Computex Technology Solutions agreed to be acquired by Pensare Acquisition for $65 million in cash, stock and assumed debt. And in August DXC spinoff Perspecta completed its first acquisition, buying solution provider Knight Point Systems for $250 million.

 
 
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