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US cloud marketplace buys UK's Wirehive

US-based Pax8 is buying the UK’s Wirehive, hosting and consulting business which has built up an ecosystem of marketing specialists. Robert Belgrave, Co-Founder and CEO of Wirehive was a speaker at the Managed Services and Hosting Summit a few years ago and provided useful insights into a very different business from the traditional MSP.

Pax8, which aims to provide a market for IT professionals to buy cloud products, is looking for reach across new technologies and geographies and aims also to create significant job opportunities within the UK sector. 

“Wirehive adds an incredible amount of value to the Pax8 business, enabling us to diversify our technology portfolio, provide more innovation to our partners, and capitalize on worldwide digital transformation,” said John Street, Chief Executive Officer at Pax8. “The acquisition will enable both organizations to unlock new ways to automate cloud orchestration and optimization and expand our ability to simplify cloud strategies for IT professionals.” 

Robert Belgrave: “This acquisition will prove to be transformative. With Pax8, we can grow and scale at a faster rate while optimizing business operations and expanding opportunities to our customers.”