A Dozen M&A Deals That Reshaped The Channel In January
Submitted by Michael Novinson and Jimmy Sheridan on
Sirius Computer Solutions
Company acquired: Continuum Worldwide
Head count: 11-50 employees
Annual revenue: undisclosed
Purchase price: undisclosed
Date of announcement: Jan. 4
Sirius Computer Solutions acquired fellow solution provider Continuum Worldwide, boosting its security and Splunk capabilities to meet the quickly expanding demands of customers.
The acquisition comes less than a year after Sirius' acquisition of another security-focused solution provider, Force 3, and makes sense given that Sirius had partnered with Continuum several times on other security-related projects, according to Joe Mertens, president and CEO of San Antonio, Tex.-based Sirius, No. 27 on the CRN Solution Provider 500 list.
Sirius' acquisition of Omaha, Neb.-based Continuum closed on January 1. Although financial information related to the acquisition was undisclosed, Mertens said Continuum had a very skilled workforce and a sizeable business that was profitable.