Myriad360 Acquires Advizex, Forms $900M AI Platform
Global solutions integrator Myriad360 has acquired Advizex Technologies to form a combined $900 million global platform. The new entity will focus on AI activation, cybersecurity, modern infrastructure, and managed services. The strategic acquisition aims to create a scaled, growth-led platform for enterprise delivery.
- The combined company will be led by Myriad360's current CEO, Jay Miley, who emphasized that the acquisition is about positioning for future market trends in AI-ready infrastructure and managed services. - This acquisition marks another ownership change for Advizex, which was acquired by global IT solution provider Fulcrum IT Partners in March 2023 to expand its "everything-as-a-service" offerings. - Myriad360 brings a strong background in infrastructure integration, data center deployment, and cybersecurity to the partnership, holding accolades such as being a Palo Alto Networks Diamond Innovator. - Advizex contributes deep expertise in hybrid infrastructure, data engineering, and a robust managed services platform, holding over 800 technical certifications and boasting a 97% customer satisfaction rate. - From a platform perspective, the merger combines Myriad360's AI-powered deployment capabilities, which have demonstrated a 70% faster model deployment time for clients, with Advizex's experience in managing complex hybrid IT environments. - The deal expands Myriad360's geographical footprint into markets where it previously had a limited presence, leveraging Advizex's established enterprise customer relationships. - Myriad360 has a history of sustained financial growth, appearing on the Inc. 5000 list of fastest-growing private companies 14 times with a three-year revenue growth of 77% reported in 2025.
