11:11 Systems buys IBM VMware Cloud customer portfolio in eighth VMware deal
What's the deal? Managed infrastructure provider 11:11 SystemsDealroom has a profile for this one. Try Dealroom → has acquired a portfolio of IBM enterprise customers that use VMware Cloud Service Provider services. Financial terms were not disclosed. The portfolio spans North America, Europe, Asia-Pacific, and South America, and includes large enterprise accounts.
Why now? The acquisition supports migrations to 11:11's VMware Cloud Foundation environment as cloud service provider programmes evolve. Moelis & Company and Fifth Third Securities advised 11:11 Systems financially, while CooleyDealroom has a profile for this one. Try Dealroom → served as legal counsel.
What's the endgame? This is 11:11's eighth VMware-related acquisition and eleventh overall. It already serves more than 6,000 customers through cloud infrastructure, connectivity, cybersecurity, and disaster recovery services.
Elsewhere in tech M&A: German public-transport technology firm INITDealroom has a profile for this one. Try Dealroom → acquired a 67.74% controlling stake in Applied AutonomyDealroom has a profile for this one. Try Dealroom →, a Norwegian autonomous-vehicle software developer in Kongsberg. The deal closed October 1. Applied Autonomy, founded in 2017, builds xFlow, a manufacturer-independent platform for supervising and controlling autonomous vehicles across public transport, airports, and logistics.
INIT plans to integrate xFlow with its MOBILE-ITCS fleet management technology to coordinate autonomous and conventional vehicles. The move complements its role in a German programme targeting the integration of 10,000 autonomous vehicles into public transport by 2030. Terms were undisclosed.
Separately, UK managed IT and cybersecurity provider Aspire Technology SolutionsDealroom has a profile for this one. Try Dealroom → acquired Warrington-based Sentis Managed SolutionsDealroom has a profile for this one. Try Dealroom →, adding more than 80 customers and a stronger presence in northwest England. Co-founder Neil Homer stays to support integration; fellow founders Martin Perry and Michael Cox will step back. Aspire reported £71.7 million in FY2026 revenue and targets £100 million by FY2030. Terms were undisclosed.
The signal: The spate of deals points to steady consolidation among managed infrastructure and IT providers. For 11:11, picking up a slice of IBM's VMware customer base reflects how service providers are reshuffling portfolios as VMware's programmes shift under Broadcom's ownership.
Read more: infotechlead.com
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