Cloud products provider, Pax8 announced the acquisition of the cloud hosting and consultancy company headquartered in the United Kingdom, Wirehive. The acquisition will provide Pax8 with expanded reach across new technologies and geographies.
New markets
Pax8 also stated that the acquisition will enable partners across multiple geographies to capitalize on market trends and growth trajectories. The duo also plans to expand reach into new markets, capitalize on access to new technology, and offer new emerging technologies and comprehensive technology stacks in a consultative approach. John Street, Chief Executive Officer, Pax8, said,
“Wirehive adds an incredible amount of value to the Pax8 business, enabling us to diversify our technology portfolio, provide more innovation to our partners, and capitalize on worldwide digital transformation. The acquisition will enable both organizations to unlock new ways to automate cloud orchestration and optimization and expand our ability to simplify cloud strategies for IT professionals.”