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.
- 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.