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Re: 2morrowsGains post# 95665

Monday, 04/11/2022 1:00:54 PM

Monday, April 11, 2022 1:00:54 PM

Post# of 117242
WSTG...Next phase of growth...TechXtend Rebrands to Grey Matter...

"The change from TechXtend to Grey Matter, and building a global solutions business, is the next exciting phase in Wayside’s growth plans."

11 April 2022

The US and Canadian VAR will now operate under the Grey Matter name as Wayside Technology Group [NASDAQ: WSTG] expands its Solutions and Services business.
In October last year, TechXtend joined the Grey Matter family. This gave their customers access to new technical services, a wider range of solutions and increased expertise. Grey Matter will now expand its ISV, cloud services, mapping and IoT business in the US and Canada.

"We will not be changing the great service that TechXtend has offered customers for many years. However, we will be investing to bring cloud and mapping specialists, as well as technical support resources, to the US and Canada." said Matthew Whitton, Managing Director.

Whitton continued “The benefits of offering extended support and giving our ISVs routes into more markets are really exciting. Both companies have very similar backgrounds and so there are many synergies.”

Grey Matter works with class-leading vendors like Microsoft, HERE, Embarcadero, Sophos, JetBrains and many more. They hold nine Microsoft competencies and are classed as an ‘Azure for ISV specialist’ by Microsoft.

Dale Foster, CEO of Wayside Technology Group commented “The change from TechXtend to Grey Matter, and building a global solutions business, is the next exciting phase in Wayside’s growth plans. I’m confident that by combining our deep experience of ISVs and a broad portfolio of first-class vendors we offer the market something unique. This is especially true when you factor in the expertise of Cloud Know How, our services division.”

Cloud Know How is Wayside Technology Group’s technical services division and specialises in migration, modernisation and management services. They are primarily focused on Microsoft Azure, M365 and Manage Engine technologies.
https://greymatter.com/content-hub/techxtend-is-now-grey-matter/


The information posted by 2morrowsGains is opinion only and should not to be taken as investment advice.

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