Founded Year
1997Stage
Acquired | AcquiredLatest intY News
Jul 2, 2019
ChannelE2E by Ty Trumbull • Jul 2, 2019 ScanSource has acquired intY , a British cloud services company partnered with Microsoft, Acronis and Symantec. Financial terms were not disclosed. The deal potentially positions ScanSource more effectively against: traditional distributors that now have cloud services platforms such as Ingram Micro Cloud ; fast-growing pure cloud distribution upstarts such as Pax8 ; and MSP platform providers that are expanding their online marketplaces (such as ConnectWise ). intY develops CASCADE, a self-service portal and cloud marketplace. The cloud services platform supports software provisioning; ScanSource: Merger and Acquisition Experience ScanSource says it will invest in language options for CASCADE to strengthen the company’s international partners. The translation will begin with Portuguese, thanks to ScanSource’s existing presence in Brazil. intY CEO Craig Joseph Mike Baur, Chairman and CEO of ScanSource commented on the deal: “CASCADE serves as the next piece in our continuing digital strategy and provides partners with critical capabilities, including software provisioning, data analytics, seat management, billing and support, so partners can sell more strategic cloud solutions and build strong recurring revenue practices.” Craig Joseph, CEO, intY, also commented: “At a time when partners want to deliver increased value, intY’s award-winning CASCADE platform and Partner Insights™, along with the depth of the ScanSource and Intelisys portfolios, provide the market with a very compelling solution provider.” Founded in 1997, intY has 65 employees. Joseph and the intY team will join the more than 2,700 ScanSource employees, the company said. Additional insights from Joe Panettieri. Related Content
When was intY founded?
intY was founded in 1997.
Where is intY's headquarters?
intY's headquarters is located at 170 Aztec West, Bristol.
What is intY's latest funding round?
intY's latest funding round is Acquired.
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