Novell to Acquire Managed Objects
October 14 2008 - 3:30PM
PR Newswire (US)
WALTHAM, Mass., Oct. 14 /PRNewswire-FirstCall/ -- Novell today
announced a definitive agreement to acquire the business service
management leader Managed Objects. The acquisition will extend
Novell's portfolio of data center solutions by adding tools to
provide a unified view of all information and workloads. As a
result, both IT and business managers will have improved visibility
into how their information systems deliver business services across
physical and virtual environments, so managers can make better
decisions to ensure availability and quality of service while
improving agility and lowering the total cost of data center
management. "The acquisition of Managed Objects by Novell
illustrates Novell's commitment to an expanded management strategy
and makes them a strong competitor in the service management
market," said Tim Grieser, program vice president, enterprise
system management Software, IDC. "Managed Objects is a recognized
player in BSM and has a proven track record with some of the
largest companies in the world. With Managed Objects, Novell can
more easily have business conversations in the data center with
CIO's, line of business managers, and key business stakeholders.
This new service management focus represents a step in the right
direction for Novell and adds significant credibility to Managed
Objects customers that may have had concern about a smaller
company." The Managed Objects products complement and extend
Novell's existing workload management and virtualization solutions
by adding flexible service modeling, leading Configuration
Management Data Base (CMDB) technology, advanced analytics and
unique Web 2.0-based visualization technology. Customers can
extract IT configuration and workload information in near real-time
into a robust CMDB, model how the IT configuration provides
business services, and then generate visualizations and dashboards
that dynamically show how IT aligns to business services. By
providing a single view of data center workloads across any
physical or virtual environment, system administrators can
understand and respond to issues in a business context reactively,
pro-actively, or automatically. "This acquisition extends Novell's
strategy of making IT work as one in the data center," said Joe
Wagner, senior vice president of systems and resource management at
Novell. "The Managed Objects products are very complementary to our
existing management and virtualization capabilities. By adding the
Managed Objects toolset to the Novell(R) portfolio of data center
solutions, we are unique in providing technology-agnostic and
proven cross-platform solutions that span both the physical and
virtual worlds -- all in one unified view." "Novell and Managed
Objects are a natural fit because they share a common ideology for
openness and vendor neutrality," said Siki Giunta, president and
CEO of Managed Objects. "There is very little product overlap and
tremendous synergy between the two companies and our respective
technology, which is great news for our customers and the market at
large." Acquisition Overview Novell will acquire Managed Objects
for an undisclosed sum using current cash. The acquisition is
expected to close during Novell's first fiscal quarter 2009 subject
to the satisfaction of closing conditions. Managed Objects will be
fully integrated into Novell's Systems and Resource Management
business unit. About Novell Novell, Inc. (NASDAQ:NOVL) delivers the
best engineered, most interoperable Linux platform and a portfolio
of integrated IT management software that helps customers around
the world reduce cost, complexity and risk. With our infrastructure
software and ecosystem of partnerships, Novell harmoniously
integrates mixed IT environments, allowing people and technology to
work as one. For more information, visit http://www.novell.com/.
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