Israeli cybersecurity risk management company Orchestra Group has announced the acquisition of Netformx, innovative solutions to simplify IT sales complexity and increase seller profitability. Orchestra was founded in 2018 by CEO Omri Lavie, COO Isaac Zack and CTO Dr. Jacob Ukelson. This is already the company’s third acquisition. No financial details about the acquisition were disclosed.
Netformx, which was founded in 1994, specializes in enabling IT integrators, managed service providers (MSP’s and MSSP’s) in network discovery, and design while expanding to profitability optimization. The deep technology developed by Netformx allows its customers to be much more profitable in designing and configuring networks. Netformx works primarily with giants such as Cisco and their business partners. Netformx has thousands of users worldwide and among them major companies such as AT&T, Bell Canada, Insight, Logicalis, Optus and Telstra. Netformx has 40 employees including its development center in Israel, executive offices in San Jose, California and offices in Australia and the United Kingdom.
Orchestra said that its synergy with Netformx lies in Orchestra’s…
