Insight is set to acquire US counterpart PCM, in a deal valuing the reseller at $580m. Insight will pay shareholders $35 per share, which it says is a 36 per cent premium on PCM's one-month average closing price as of last Friday. PCM has 40 offices across the US, Canada and the UK, with more than 4,000 employees. Insight CEO Ken Lamneck said: "Over the past five years, Insight has made significant progress, transforming our business from a value-added reseller to a well-respected global...
Cloud services provider’s shares fall by more than 20 per cent after opening bell
Collabtech opens HQ in UK
Paris-based engineering firm posts €294m loss in first half of 2020
We break down the key points on the rationale behind the move and how it will impact its MSP business
Move would establish MSP arm as a standalone company under existing president John Pagliuca