Stagnant growth spurs IT service providers towards M&A
Enterprise service providers are struggling to grow beyond their established customer base as they scale in size, which is spurring them towards mergers and acquisitions (M&A).
Enterprise service providers are struggling to grow beyond their established customer base as they scale in size, which is spurring them towards mergers and acquisitions (M&A).
The hot cyber security mergers and acquisition market continues into 2022 as vendors look to solidify positions and expand offerings.
Last year, the number of merger and acquisition (M&A) deals valued over US$1 billion rose by a staggering 62 per cent compared to 2020.
ASI Solutions is laying the foundations for a launch into Asia following another 12 months of strong financial performance, favouring acquisition over organic growth to expand beyond Australia and New Zealand.
The cyber security market is hot, and vendors are buying competitors to solidify their position or acquiring other firms to expand their offerings.
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