A Dozen M&A Deals That Reshaped The Channel In January
Submitted by Michael Novinson and Jimmy Sheridan on
Kudelski Group
Company acquired: M&S Technologies
Head count: 46 employees
Annual revenue: undisclosed
Purchase price: undisclosed
Date of announcement: Jan. 17
Swiss security conglomerate Kudelski Group bolstered its security unit’s scale when it acquired top security solution provider M&S Technologies, No. 33 on the CRN Solution Provider 500.
The acquisition of Dallas-based M&S makes Kudelski’s U.S. business one of the top three pure-play cyber security solution providers in the country, according to Kudelski Security CEO Rich Fennessy. A huge accomplishment considering that the company made its first U.S. solution provider acquisition only seven months ago.
M&S brings 46 employees to Kudelski, along with a number of Fortune 2000 customers and key security partnerships from security technology vendors including McAfee, Juniper, Fortinet and Sophos.