Tag: RMM
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Symantec Strategy Integrates with RMM Software
Managed service provider (MSP) partners of Symantec are likely to breathe a sigh of relief today after the security and storage company yesterday took the wraps from a new MSP strategy that will have it integrate its products with four major remote monitoring and management (RMM) platforms, as well as creating a program for quarterly… Read more
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Zenith Infotech Ordered to Disclose Zenith RMM Spin Off Information
The high court in Mumbai has ordered managed services platform provider Zenith Infotech to disclose the details of its recent sale of Zenith RMM to Summit Partners, the Economic Times of India reported. Zenith Infotech and the Trouble with Convertible Bonds The order follows a lawsuit filed by QVT Financial in the Bombay high court… Read more
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Zenith Infotech and The Trouble With Convertible Bonds
The news about Zenith Infotech’s bond default and subsequent questions about whether it’s really a stable financial partner for MSPs have dogged channel partners and the industry since the news went public in October. Indeed, some competitiors to Zenith Infotech have even been leveraging doubts about company’s stability. (Is anyone really surprised by that?) For… Read more
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Zenith RMM Investigates Alternatives, Reassures Partners
Categories: Managed ServicesZenith Infotech and Zenith RMM are doing their best to reassure partners in the wake of the news that Zenith Infotech defaulted on its bond payment to QVT Financial on Sept. 21. It’s business as usual at Zenith Infotech, a spokeswoman told Channel Insider, with the company maintaining its schedule of tradeshows and product releases… Read more
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Zenith Infotech Defaults, Zenith RMM Spin Off Questioned
Zenith Infotech has defaulted on $33 million in foreign currency convertible bonds, and the default has apparently triggered remaining bonds to come due for a total of $85 million, according to the Times of India. One of the bondholders, New York-based QVT Financial, told the Times that the default means the other bonds are accelerated… Read more
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LabTech RMM Update Includes Better Dashboards
Remote monitoring and management provider LabTech Software has released its latest version, LabTech 2011.2, designed for faster speed, enhanced management functions, newly developed reports, and improved connectivity to end-users, the company said. The new version, available to LabTech partners immediately, offers the following new features, the company said: Direct Tunneling MSPs can create a IP… Read more