The Prism team has announced the sale of Internet of Things (IoT) technology business NextG-Com to ARM. It’s been a whirlwind of a year so far for the Prism team, with this latest high profile deal our fifth since the start of 2017. NextG-Com offers a complete...
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This latest acquisition is part of Cloud Direct’s ongoing, ambitious organic and acquisitions-based growth strategy that it has been working on with Prism Corporate Broking. It follows hot on the heels of Cloud Direct’s January acquisition of alwaysON Group, a Microsoft gold partner for hosting and...
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Cloud Direct acquires alwaysON to bolster Skype for Business offering. The Prism team has led the latest Cloud Direct acquisition, as today it has been announced the acquisition of alwaysON Group (AOG). This is Cloud Direct’s fourth company acquisition since June 2015. It supports Cloud Direct’s...
Continue readingWe have frequently warned about what we refer to as ‘the myth of the multiple’. The two principal points being: 1. that unless you are privy to the full details of transactions, multiples can be highly misleading, and 2. that you must consider the relevance...
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Prism is delighted to announce the sale of the North West’s leading regional managed print services (MPS) group, Docucentric Holdings Ltd (“DHL”) to Arena Group Holdings Ltd (“Arena”). DHL comprises two trading companies: B2 Business Systems Ltd (“B2”), the North West’s premier Xerox concessionaire operating...
Continue reading2016 really has been the year of the unexpected – or perhaps ‘unpredicted’ would be a more appropriate word. In May Leicester City were confirmed as Premier League champions (at 5,000:1 the bookies certainly got that wrong), then in June we had Brexit (the politicians...
Continue readingThe seemingly all pervasive Twitter is not enjoying such a great time just now. A shareholder lawsuit has just been filed against CEO Jack Dorsey and other officers accusing them of concealing information as they sold chunks of their shares in 2015 – for an...
Continue readingHalfway through the month a BBC forecaster pointed out that so far September had been hotter than June, July and August. I think he was talking about the weather but the market indicators for the Technology sector have been equally hot over the summer. The techMARK...
Continue readingGlorious sunshine in a fabulous blue sky. It’s over 28C in the shade. Our magnificent Olympians have just landed back at Heathrow to a heroes’ welcome. Oh, and Prism has just completed two more deals (see below). The Tech sector remains...
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Cloud Direct the cloud solutions provider (CSP), has acquired Redblade, the London-based managed service provider (MSP) in a deal led by Prism Corporate Broking. The deal will give Cloud Direct customers access to an increased level of technical expertise. This is strategically important at a time...
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