Apparently, the economic crisis is easing — especially in the service provider market, where investors are starting to pump money into the sector. Here’s a look at multiple recent deals involving MSPs, hosting providers and aspiring cloud specialists. As a whole, the deals could represent a financial vote of confidence in the managed services market.
QualityTech: $150 Million for Managed Services Push
Posted October 28th, 2009 by John Moore
Here’s an endorsement for the managed services sector: private equity firm General Atlantic has announced plans to invest $150 million into Quality Technology Service to help grow that company’s managed services offering. Here are some quick details.
Why Venture Capitalists Are Down, And MSP Software Companies Are Up
Posted October 15th, 2008 by Joe Panettieri
I just spotted this on The Wall Street Journal’s Business Technology blog:
In a study released Wednesday by the University of San Francisco, Mark Cannice, founder of USF’s Entrepreneurship Program, found that venture capitalists’ confidence is at its lowest level since the university began surveying venture investors in 2004.
But that doesn’t necessarily mean bad news for the managed services industry. Here’s why.
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