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Dizzion Acquires Frame From Nutanix To Accelerate Growth In Daas Market

Jun 06, 2023•over 2 years ago

Acquiring Company

Dizzion, Inc.

Acquired Company

Frame

DenverLos Angelesinformation technology & servicesSoftwareBlockchain

Description

Dizzion, a leading provider of Desktop as a Service (DaaS) and Composable Digital Workspaces, announced the closing of the acquisition of the Frame business unit from Nutanix (NASDAQ: NTNX). Combining Dizzion with Frame will create one of the largest independent DaaS companies, with industry-leading service capabilities delivered globally.

Company Information

Company

Dizzion, Inc.

Location

600 17TH ST #2600S

Denver, Colorado, United States

About

Dizzion, Inc. is a leading provider of high-performance Desktop as a Service (DaaS) to the global remote workforce. Founded in 2011 and backed by private equity firm LLR Partners, Dizzion's proven, end-user cloud platform enables maximum work-from-anywhere success while protecting customers with real HIPAA, PCI-DSS, GDPR and SOC 2 Type II compliance. Customers further digital transformation with AnyCloud global delivery, seamless hybrid IT integration, zLink secure endpoints, and C3 orchestration and analytics.

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M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed