5. Fusion

Target company: Apptix

Headcount: 51-200 employees

Annual revenue: $25 million

Purchase price: $28 million

Date of announcement: Nov. 15

Cloud services provider Fusion acquired Herndon, Va.-based Apptix to boost its proficiency around cloud-based communications, collaboration, virtual desktop, compliance, security and cloud computing.  

New York-based Fusion said buying Apptix, No. 415 on the CRN SP 500, will extend the company's reach to the desktop and into the customer's IT infrastructure and expand the services Fusion can sell. The deal will also accelerate Fusion's leadership position in the fast-growing cloud computing market for both SMB and enterprise customers.

Apptix will bring engineering and development resources to advance Fusion's cloud computing infrastructure, as well as a team of sales, implementation and support professionals.