ConnectWise Is Finalizing Deal To Buy Axcient: Sources
Hello, and welcome back. In this edition, we take a look at a potential deal that sources say has ConnectWise buying Axcient for as much as $500 million, Broadcom's biggest announcements at VMware Explore, Intel's expanded partner benefits and AI PC contest announced as it moves to cut jobs and reduce spending and more.
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ConnectWise Is Finalizing Deal To Buy Axcient: Sources
ConnectWise is finalizing a deal to buy business continuity and disaster recovery vendor Axcient for between $400 million and $500 million, according to two people with knowledge of the deal.
The deal provides ConnectWise with a full-fledged MSP-focused business continuity and disaster recovery offering to go head-to-head with MSP platform powerhouse Kaseya, which acquired storage backup vendor Datto in June 2022 for $6.2 billion. Here's what you need to know about the ConnectWise-Axcient deal, including what partners are saying.
Broadcom's Five Biggest Announcements At VMware Explore
Broadcom CEO Hock Tan was a guest at VMware Explore in Las Vegas last year, but one year and $69 billion later, it was his party, as the newly acquired VMware By Broadcom showed off new cloud foundations, VMware Tanzu , and AI products designed to simplify cloud deployments and deliver private, virtualized AI infrastructure.
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Intel Expands AI PC Partner Benefits Amid Big Spending Cuts
While Intel moves to cut jobs and reduce spending by over $10 billion, this week the chipmaker unveiled expanded AI PC partner benefits alongside a new AI PC contest that will award thousands of dollars in market development funds and other incentives to partners.
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