Myriad360 Acquires Advizex in $900M Deal
Myriad360 has acquired Advizex Technologies to form a combined $900 million global platform focused on AI and enterprise infrastructure. The merger aims to create a comprehensive provider of managed services, cloud solutions, and AI integration for enterprise clients.
- The combined company generates over $900 million in annual run-rate gross revenue. - Myriad360, founded in 2003 by Andrew Fisher, is a global systems integrator with a focus on cybersecurity, modern infrastructure, and AI. - Advizex Technologies, established in 1975, holds over 800 technical certifications and specializes in hybrid infrastructure, data engineering, and managed services. - The merger is a strategic move to meet the rising enterprise demand for AI-ready infrastructure and the modernization of data platforms. - Myriad360's CEO is Jay Miley, and the CEO of Advizex is C.R. Howdyshell. - Advizex will operate as "Advizex, a Myriad360 company," with the current go-to-market execution and client relationships expected to remain consistent throughout 2026. - This acquisition establishes a powerhouse for NVIDIA's AI platform by combining Myriad360's networking skills with Advizex's AI infrastructure services. - Advizex brings strong enterprise client relationships and a significant presence in markets where Myriad360 previously had a limited footprint.
