During this MSPmentor Live Podcast, Nimsoft CEO Gary Read (pictured) describes his company’s decision to acquire Cittio’s assets. Read explores what managed service providers and end-customers will gain from the deal, and he also examines the evolving MSP software landscape — which appears poised for consolidation. Now, listen in to the conversation.
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Posted In: Acquisitions
Tags: Layer 2 Discovery | Layer 3 Discovery | Level Platforms' Managed Cloud Services | managed services acquisitions | Managed Services Mergers | Microsoft Business Productivity Online Suite | MSP acquisitions | MSP Mergers | Network Topology | Nimsoft Acquisition | Nimsoft CEO Gary Read | Nimsoft Cittio | PacketTrap Networks Inc. | Root Cause Analysis | Systems Monitoring Software
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Nice podcast. Are questions of corporate strategy and methods used to reduce costs off limits during these podcasts? Nimsoft claims to be a successful leader in this space, yet it chose to do this acquisition because it “rolled across the desk”. Does not sound like a strategy to me and if one must watch costs during these times, where does one find the money to acquire new assets? Any ideas here?
Hi Benb: No relevant questions are off limits during our podcasts. But we also can’t anticipate every question that’s on a reader’s mind.
The podcast doesn’t “end” when the recorded dialog ends. The dialog can continue here in the comments section.
If you have specific questions for Nimsoft we will make every effort to retrieve answers for you.
In the meantime, a thought: To me it sounds like Cittio was doomed to go out of business, but had some promising code that Nimsoft acquired at a market discount. Surely, acquiring promising technology at a potential market discount isn’t a crime. Is it?