Gigamon makes Australian channel role redundant

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Gigamon makes Australian channel role redundant
Mark Spencer, Gigamon

Networking vendor Gigamon has made its Australian channel role redundant as part of a restructuring following its acquisition by investment firm Elliott Management last year.

Gigamon Australia general manager Ian Teague will be the main contact for channel as the restructure is finalised.

“While we have gone through some annual planning adjustments, we are very committed to the Australian security market and expect to be a growth company over the long haul,” a Gigamon spokesperson told CRN.

“Together with our channel partners we provide tremendous value-add in helping organisations improve their security posture and look forward to continued growth and success here and where we consider as tier one markets.”

Gigamon was acquired by Elliott Management in October 2017 for US$38.50 per share in cash for a total of around $1.6 billion, taking it off of the Nasdaq stock exchange and going private.

As part of the acquisition, the investment firm had to undergo restructuring and downsizing in all of Gigamon’s global operations, which included the Australian channel chief role.

The channel account manager post was last held by Mark Spencer, which he held up until the end of last month.

“Things were going quite well and I was very much looking forward to staying for a lot longer, but unfortunately I was caught up in a global downsizing,” Spencer told CRN.

“There were a lot of plans that I was very keen to see through with numerous clients, but I'm sure we'll catch up in my upcoming role.”

Spencer was hired in 2015, after holding top channel roles with Trend Micro, Dell EMC’s RSA Security and Websense, as well as other management and sales roles with FalconStor, Symantec and Express Data.

Spencer confirmed with CRN that he is seeking new opportunities in the Australian channel.

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