Acquisition and Growth Datatrend Technologies was acquired by Converge Technology Solutions in October 2019, positioning it within a larger, rapidly expanding IT services and consulting group. This growth event indicates opportunities to cross-sell additional services and leverage the combined portfolio for clients seeking integrated technology solutions.
Innovative Offerings Converge has recently launched several new products including the Data & AI Design Studio and FalconStor StorSafe for Google Cloud, demonstrating a focus on cloud data security and AI-driven solutions. These launches suggest a market readiness for advanced data management and AI integration services, ideal upselling points.
Industry Recognition Recognition as the Global IT Refurbisher of the Year and inclusion on CRN's MSP 500 list underscore Converge’s industry leadership and credibility, providing a compelling pitch to organizations looking for trusted partners in managed services, IT refurbishment, and innovative technology deployment.
Financial Profile and Market Focus With revenues between $10 million and $50 million, Converge is a mid-sized player attracting clients in the SMB and enterprise sectors who are seeking scalable, reliable IT solutions. This profile presents opportunities for tailored solutions aimed at companies within this revenue range seeking modernization and cloud migration.
Technological Strengths Utilizing advanced tech stacks including Module Federation, Microsoft Hyper-V, Arctic Wolf, and Zscaler positions Converge as a provider well-versed in security, virtualization, and cloud technologies—key areas where prospects are actively investing to enhance their IT infrastructure and security posture.