Kaseya closes $6.2B Datto deal, vows to cut prices
Kaseya has finalised its $6.2 billion acquisition of Datto, promising tight integration between products and lower pricing for customers.
Kaseya has finalised its $6.2 billion acquisition of Datto, promising tight integration between products and lower pricing for customers.
Recently acquired Datto has hired vendor veteran Mark Clayton to oversee its Asia Pacific operations.
The decision by Kaseya to acquire Datto surprised many managed service providers (MSPs) when the news broke in April.
Kaseya has unveiled plans to acquire Datto in a US$6.2 billion deal funded by private equity as the MSP market enters a fresh round of consolidation.
Backup and disaster recovery vendor Datto has ramped up its threat detection capabilities with the acquisition of Israeli cyber security vendor BitDam.
Datto has signed a distribution agreement with Nextgen in Southeast Asia in a first-of-its-kind alliance for the disaster recovery vendor.
Datto has laid off employees across Australia and New Zealand as part of a coronavirus-spurred global restructure.
By Kalyan Madala, CTO, IBM ASEANZK