Myriad360 Acquires Advizex Technologies
What happened
Global systems integrator Myriad360 has acquired Advizex Technologies to create a combined global AI and enterprise infrastructure platform valued at $900 million. The new entity will focus on infrastructure, AI activation, managed services, and enterprise delivery. The acquisition is intended to form a scaled, growth-led global platform.
Why it matters
- The combined entity will have an annual run-rate gross revenue of over $900 million. - Jay Miley will continue in his role as CEO of the newly integrated Myriad360. - Advizex, founded in 1975, brings deep expertise in hybrid infrastructure, data engineering, and AI platforms to the merger. - Myriad360 specializes in cybersecurity, modern infrastructure, cloud, and artificial intelligence, and has been recognized on the Inc. 5000 list of fastest-growing private companies 14 times. - The acquisition is intended to expand the company's geographic reach and managed services capabilities across the entire AI lifecycle. - Advizex holds over 800 technical certifications and serves a wide range of industries, including healthcare, manufacturing, and retail. - Myriad360 has established partnerships with major tech companies like Palo Alto Networks, Juniper, and HPE. - C.R. Howdyshell is the CEO of Advizex, which is recognized for its "Customers for Life" approach.
Key numbers
- Global systems integrator Myriad360 has acquired Advizex Technologies to create a combined global AI and enterprise infrastructure platform valued at $900 million.
- - The combined entity will have an annual run-rate gross revenue of over $900 million.
- Jay Miley will continue in his role as CEO of the newly integrated Myriad360.
- Advizex, founded in 1975, brings deep expertise in hybrid infrastructure, data engineering, and AI platforms to the merger.
What happens next
- The combined entity will have an annual run-rate gross revenue of over $900 million.
- Jay Miley will continue in his role as CEO of the newly integrated Myriad360.
- The acquisition is intended to expand the company's geographic reach and managed services capabilities across the entire AI lifecycle.
Quick answers
What happened in Myriad360 Acquires Advizex Technologies?
Global systems integrator Myriad360 has acquired Advizex Technologies to create a combined global AI and enterprise infrastructure platform valued at $900 million. The new entity will focus on infrastructure, AI activation, managed services, and enterprise delivery. The acquisition is intended to form a scaled, growth-led global platform.
Why does Myriad360 Acquires Advizex Technologies matter?
The combined entity will have an annual run-rate gross revenue of over $900 million. Jay Miley will continue in his role as CEO of the newly integrated Myriad360. Advizex, founded in 1975, brings deep expertise in hybrid infrastructure, data engineering, and AI platforms to the merger. Myriad360 specializes in cybersecurity, modern infrastructure, cloud, and artificial intelligence, and has been recognized on the Inc. 5000 list of fastest-growing private companies 14 times. The acquisition is intended to expand the company's geographic reach and managed services capabilities across the entire AI lifecycle. Advizex holds over 800 technical certifications and serves a wide range of industries, including healthcare, manufacturing, and retail. Myriad360 has established partnerships with major tech companies like Palo Alto Networks, Juniper, and HPE. C.R. Howdyshell is the CEO of Advizex, which is recognized for its "Customers for Life" approach.
