Cloud marketplace provider Giacom has acquired UK Microsoft cloud services provider intY from US-based ScanSource.
The deal, which includes intY's UK revenues, partners and business operations, scales Giacom’s Microsoft cloud capabilities in the rapidly evolving cloud services market and strengthens its position as a major provider of Microsoft licensing to the SMB focused UK channel. The acquisition also presents a significant cross-sell opportunity.
intY’s 1,500 partners will join Giacom’s ecosystem and gain access to a broad range of curated products and services including cloud, communications, hardware, and billing solutions.
"The acquisition of intY strengthens Giacom's market position," commented Terry O’Brien (pictured), CEO at Giacom. "The integration of intY's expertise and capabilities will strengthen our ability to support partners in this critical growth sector of the market, while further establishing Giacom as a provider for Microsoft cloud services to the SMB-focused UK channel."
Marcus Ollenbuttel, SVP, Digital Distribution, Europe, intY, added: "Giacom is a business that intY has long admired as a best-of-breed UK-focused peer that shares our commitment to working exclusively through the channel.
"We look forward to a seamless integration process, and to the transformative impact this acquisition will have on our ability to not only support our partners but to add increasing value to them moving forwards."