Tagged With "SIRIS"

TPx Communications has been acquired by affiliates of Siris Capital, a private equity firm. In conjunction with the close of the acquisition, Richard A. Jalkut, TPx's CEO and chairman, announced his retirement. Siris Executive Partner Joseph A. Cozzolino will serve as executive chairman of the board of TPx and as interim CEO. Cozzolino will lead the process to identify and select a permanent CEO with the appropriate experience and qualifications to drive TPx's next phase of growth. Prior to...

Datto, the international, award-winning vendor of local and off-site hybrid cloud backup, disaster recovery (BDR) and business continuity (BC) solutions, is pleased to announce a significant advancement to its entire solutions offerings. Launched today at the 2014 XChange Solution Provider event in Los Angeles, Calif., Datto becomes the first channel vendor to build a hardware and cloud solution specifically for the business continuity market. Illustrated with the tagline Business Continuity...

Siris Capital has agreed to buy TPx Communications from sellers including Investcorp Bank and Clarity Partners , with the deal expected to close in 1H 2020. TPx provides business communications and managed IT services to around 30,000 clients. The buyout follows a canceled reverse merger between TPx and Pensare Acquisition in May.

San Diego, California--DattoCon-- June 18, 2019 -- Datto, Inc. , the leading global provider of IT solutions delivered through managed service providers (MSPs), today announced the availability of more than 20 new products and enhancements at DattoCon19 , the largest open-ecosystem MSP-centric event in the world. The annual event, in its seventh year, attracted more than 2,900 MSPs who simplify and manage technology for small businesses (SMBs) around the world. “Our announcements today at...

FREMONT, California -- July 23, 2019: Electronics For Imaging, Inc. (“EFI” or the “Company”), today announced the completion of its previously announced acquisition by an affiliate of Siris for approximately $1.7 billion. In connection with the closing of the transaction, the Company, which will continue to operate as Electronics For Imaging (EFI), will be wholly owned by an affiliate of Siris, and EFI’s common shares will be delisted from the NASDAQ exchange. “ This acquisition marks a new,...

Electronics For Imaging, Inc. (EFI), a world leader in customer focused digital printing innovation, today announced that it has entered into a definitive agreement (the "Agreement") to be acquired by an affiliate of Siris Capital Group, LLC ("Siris") in an all cash transaction valued at approximately $1.7 billion. Siris is a leading private equity firm focused on investing and driving value creation in technology companies that provide mission critical solutions and are facing technology...