Ottawa-based N-Able Technologies has confirmed that it has expanded its sales alliance with Ingram Micro (NYSE: IM) to go global.
Initially the partnership was meant to be a regional play, but now N-Able’s signiture service N-central remote monitoring and management will now be made available to the Ingram Micro VAR network as well as managed service providers throughout Europe and the U.K., as well as North America.
JP Jauvin, president and COO of N-Able, said the company’s growing success in North America with the Ingram’s Services Division and its Cloud Marketplace paved the way for the international expansion with Ingram Micro Europe.
“With the addition of Europe and the U.K., we are extending our reach into two growing markets that are home to thousands of high-performance channel partners eager to generate more services revenue and profits through advanced IT automation, managed services and cloud. Ingram Micro Europe provides our MSPs with a broad portfolio of cloud services and solutions, combined with European-wide coverage and a great reputation. It’s a natural fit with N-able’s growth objectives,” Jauvin said.This deal also means Ingram will join N-able’s upcoming international MSP Roadshow, which takes place throughout Europe and the U.K. Nov. 7 – 16.
Jason Beal, senior director, software and services, Ingram Micro EMEA, said the European marketplace is hungry for the proven business model acumen and managed IT services expertise N-able brings to the table and by aligning our sales teams to better meet the needs of our mutual channel partners, Ingram Micro and N-able are empowering VARs and MSPs to lead versus follow in this new era of IT services.
More credit from Tech Data</b
Tech Data (Nasdaq:TECD) has entered into a new $500 million five-year revolving credit agreement, replacing a $250 million revolving credit facility that was set to expire in March 2012. The new revolving credit facility expires in September 2016.
In addition, the company renewed its Receivables Securitization Program, increasing the borrowing capacity under the facility by $150 million to a maximum of $300 million, and extending the term by one additional year to August 2012.
Synnex (NYSE:SNX) officially launched CLOUDSolv, the cloud services automation platform that provides scalable application lifecycle management for solution providers to manage cloud services.
Kevin Murai, president and CEO of Synnex, said CloudSolv is a key component of the company’s cloud strategy. Synnex is delivering on its commitment to provide resellers with a platform to sell, provision and manage as-a-service business. CloudSolv is much more than just services aggregation Murai continued. “We are working with cloud ecosystem partners to help enable the reality of cloud computing.”
The CloudSolv platform enables reseller and ISV partners to market and sell cloud services both individually and as bundled solutions. At the core of the marketplace is the ability to provision, bill and manage disparate cloud services all in one platform. Resellers and their customers will also have access to digital lockers to manage cloud subscriptions, as well as traditional software license keys in one repository.
Additionally, resellers can add their own professional service products to complement our offerings and offer truly unique solutions to satisfy their customers’ needs.
Avnet/Arrow numbers
Avnet (NYSE: AVT)reported strong Q1 numbers this week. Its sales for the quarter ended October 1, 2011 increased 3.9 per cent year over year to $6.43 billion; pro forma revenue was up 3.6 per cent year over year and roughly flat in constant currency.
Adjusted operating income of $223.1 million, or 3.5 per cent of sales, was essentially flat with last year whereas adjusted diluted earnings per share were $0.90, down 3.2 per cent year over year, primarily due to higher than normal other expense of $5.4 million primarily related to foreign currency.
Arrow Electronics, Inc. (NYSE:ARW) reported third quarter 2011 net income of $132.2 million ($1.17 and $1.15 per share on a basic and diluted basis, respectively) on sales of $5.19 billion, compared with net income of $118.5 million ($1.01 and $1.00 per share on a basic and diluted basis, respectively) on sales of $4.66 billion in the third quarter of 2010.
