Altiris, Inc. (www.altiris.com) announced that it has acquired Tonic Software, Inc., a privately held company and leading innovator of Web application management software. With the acquisition, Altiris will offer customers enhanced server monitoring and diagnostics capabilities, extending its lead in comprehensive, value-priced IT lifecycle management for both servers and clients. Financial details of the transaction were not disclosed.
“Tonic Software technology allows Altiris to identify, resolve and prevent software application problems before they affect end users and business operations,” said Greg Butterfield, Altiris president and CEO. “With this acquisition, Altiris delivers on its promise to help customers reduce the total cost of IT ownership and achieve a quicker return on investment by offering heterogeneous monitoring and diagnostic capabilities.”
The Tonic technology complements Altiris’ current server monitoring product by extending monitoring and diagnostic capabilities for heterogeneous environments.
Butterfield continued, “Dynamic server provisioning is key to organizations as they move toward a real time infrastructure. Server monitoring is the enabling technology and the foundation to the dynamic server provisioning model. This acquisition improves our competitive advantage in this area.”
TonicÃƒÂ¢Ã¢â‚¬Å¾Ã‚Â¢ Software is an innovator of web application management software for companies that rely on the Internet to conduct business. The company has developed a completely integrated software suite that provides the deepest and broadest transaction management capabilities available today.
Its highly scalable solutions are used by some of the world’s largest companies to ensure a flawless web experiences for their customers, partners and employees.
This press release contains certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, including but not limited to statements regarding the extension of our server management capabilities, and our competitive market position and business opportunities.