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
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
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