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Nimsoft Acquires Indicative Software Addition of Best in Class Business Service Management, End User Response Time Monitoring Reinforce Nimsoft as the Only Viable Alternative to High Cost, Compl

SOURCE:

Nimsoft

2008-04-08 09:00:00

Nimsoft Acquires Indicative Software

Addition of Best in Class Business Service Management, End User Response Time Monitoring Reinforce Nimsoft as the Only Viable Alternative to High Cost, Compl

REDWOOD CITY, CA–( EMWNews – April 8, 2008) – Nimsoft,

Inc., the “Big 4” alternative for IT performance and availability

monitoring solutions, today announced that it has acquired Indicative

Software to add business service management (BSM) and end user response

time monitoring capabilities to its widely accepted solutions for

network monitoring, server monitoring, database monitoring, application

monitoring and service level management (SLM). With this acquisition,

Nimsoft is delivering the future of IT performance and availability

monitoring, where solutions provide a rapid return on investment, are easy

to implement and use, and deliver complete customer satisfaction. Nimsoft CEO Gary

Read will continue to lead the company under the Nimsoft brand.

The current performance and availability monitoring market is dominated by

four large vendors, HP, IBM, BMC Software and CA (The Big 4), but customers

continually report and complain about painful complexity resulting in large

amounts of professional services and a high cost of ownership from products

that are dated and over-engineered for today’s requirements. Nimsoft has

built its business by providing more than 550 customers with unparalleled

satisfaction and a return on investment that is often astonishing. In many

cases, Nimsoft has relieved customers of the burden of trying to maintain

complicated and expensive solutions by directly replacing them. With the

acquisition of Indicative Software, Nimsoft will continue to deliver

against customer expectations with a single solution for organizations both

small and large, whether the customer’s need is simple device level

monitoring or more sophisticated business service management for the entire

IT infrastructure.

“The merger brings together two complementary technologies and offers us

the opportunity to draw on a broader IT service delivery portfolio to meet

our future requirements. We believe that the combined resources of Nimsoft

and Indicative will continue to deliver value to organizations such as ours

and other enterprises,” said David Doherty, IS director of Easynet, an

international networks and hosting company.

“We see the Nimsoft and Indicative merger offering true power for

Enterprise Customers that are reliant on IT for real-time transactions and

services,” said Tammy Board, vice president of infrastructure,

Brown-Forman, a diversified producer and marketer of fine quality consumer

products, which include brand names such as Jack Daniels, Finlandia Vodka

and Korbel California Champagne. “Moving forward, we will have the

ability to augment our IT systems with more service-centric monitoring

features of the NimBus and Indicative products. The scalability and

advanced features that this integration provides will only enhance our

ability to maintain a focus on customer services and satisfaction.”

A key strength of the Nimsoft solution is its scalability and support for

heterogeneous environments, which enables customers to centrally manage

both virtual and physical IT infrastructure. Already recognized by multiple

industry analysts and customers for offering market leading solutions that

manage the virtualized infrastructure in conjunction with the physical one,

Nimsoft will continue to lead the way in delivering innovative and

customer-centric solutions. Indicative Software offers complementary

strengths in its service-modeling, real user response time monitoring and

application analysis capabilities for J2EE and .NET based applications. Both products have been hailed by

customers, product reviewers and industry analysts for their ability to

drastically reduce the costs of managing data centers.

“With this acquisition, the performance and availability monitoring space

will never be the same. Nimsoft has built its business by delivering

against customer needs and our customers wanted us to expand into BSM so

they could completely replace their incumbents,” said Gary Read, president

and CEO, Nimsoft. “This acquisition adds strategic technology, development

resources, partners and customers to Nimsoft, enabling us to accelerate our

rebellion against what we consider to be broken promises by the incumbents.

They promise… Nimsoft delivers.”

Key Facts


--  Nimsoft now has products that cover the complete range of performance

    and availability monitoring disciplines as defined by industry analysts,

    which include networks, servers, databases, applications, end user

    response, service level management and business service management.

--  Nimsoft now has more than 600 customers ranging from small and mid-

    size organizations to the largest enterprises in the world.

--  Nimsoft now has 161 employees worldwide.

--  In 2007, Nimsoft generated $29.4 million in bookings and welcomed 139

    new customers. Combined with Indicative, the combined company bookings for

    2007 are $35 million.

--  Nimsoft, headquartered in Silicon Valley, has development labs in both

    Oslo, Norway and Fort Collins, Colorado.

--  Nimsoft revenue grew 77 percent in 2007 and was recognized as one of

    the top 50 fastest growing software companies in the United States.

    

About Nimsoft

Nimsoft provides next generation performance and availability monitoring

solutions for the complete physical and virtualized IT infrastructure. The

Nimsoft solutions redefine the standards for ease of use and speed of

deployment — providing outstanding return on investment and unparalleled

customer satisfaction. Over 600 customers in 30 countries rely on Nimsoft

solutions to monitor their IT based business applications and services.

These customers include mid-market and global organizations, such as

Barclays Capital and Amway Corporation, Archstone Smith Communities, Bay

Area Rapid Transit, Ladbrokes, MTU Aero Engines, TriNet, TRW Automotive,

and hundreds of leading managed service providers such as CDW Berbee,

Easynet and Rackspace Managed Hosting. For more information, visit

www.nimsoft.com.

FOR MORE INFORMATION:

United States
Stephanie Xavier
Nimsoft, Inc.
Phone: +1 650 931 1133

Scandinavia
Dag Lund
Nimsoft AS
Phone: +47 22627149

United Kingdom
Ajay Nawathe
Nimsoft Ltd.
Phone: +44 1932 577770

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Blake Masterson

Freelance Writer, Journalist and Father of 5

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