Latest M&A: Palo Alto Networks, Proofpoint, Mitel, More

Plus, Intelisys and Vendasta might soon be in the market. That, plus the rumor mill swirls around T-Mobile and Frontier.

Craig Galbraith, Editorial Director

November 13, 2023

18 Slides

October was a busy month for wheeling and dealing in the channel. The latest M&A features newly announced deals, a few that closed, fresh investments that could lead to new acquisitions, and as always, a big rumor.

Let's start with Mitel and Unify, the combination of which creates what the companies are calling a global UC powerhouse.

Two big names in security − Palo Alto Networks and Proofpoint − made moves of note.

ScanSource told Channel Futures that it now has free cash flow to help its tech service distributor, Intelisys, with new acquisitions. And Vendasta said it just raised $20 million to make some buys of its own.

Furthermore, the rumor mill is spinning around Frontier Communications. If it's for sale soon, T-Mobile could be the leading candidate to buy it, analysts said.

See our slideshow above for the latest M&A that could have a long-lasting impact on the channel. If you missed last month's wrap of mergers and acquisitions, it's here.

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About the Author(s)

Craig Galbraith

Editorial Director, Channel Futures

Craig Galbraith is the editorial director for Channel Futures, joining the team in 2008. Before that, he spent more than 11 years as an anchor, reporter and managing editor in television newsrooms in North Dakota and Washington state. Craig is a proud Husky, having graduated from the University of Washington. He makes his home in the Phoenix area.

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