HOPKINTON, Mass., May 31, 2012 /PRNewswire/ --
- EMC acquires performance management software expert Watch4Net Solutions Inc. in an all-cash transaction.
- An EMC partner for more than seven years, Watch4net has worked closely with EMC to deliver proven, enterprise and carrier-class solutions to meet customers' IT management needs. Watch4net's flagship APG solution is tightly integrated with EMC IT Operations Intelligence Suite.
- The addition of Watch4net into the EMC portfolio rounds out EMC's world-class IT management solution to address customers' most critical IT management needs across their physical and virtual IT environments.
EMC Corporation (NYSE: EMC) today announced that it has acquired Montreal-based Watch4net, a privately-held provider of enterprise and carrier-class performance management software that provides real-time, historical and projected visibility into network, data center and cloud infrastructure performance. The all-cash transaction is not expected to have a material impact to EMC GAAP or non-GAAP EPS for the full 2012 fiscal year.
As customers continue virtualizing data centers on their journey to cloud computing, two fundamental requirements have emerged:
- Availability management, to determine if components are functioning and available
- Performance management, to track any system or component degradation, plot trending and intervene as needed
Through its EMC IT Operations Intelligence Suite, EMC has delivered one of the industry's premier availability management solutions for physical and virtual storage, networks and compute resources. Complementing this, EMC is now offering Watch4net's rich set of performance management capabilities.
Watch4net has worked closely with EMC over the last seven years to deliver proven, enterprise and carrier-class solutions to meet customers' IT management needs. Already tightly integrated with IT Operations Intelligence Suite today, Watch4net leverages EMC's topology awareness, instrumentation and management console.
EMC continues to expand on one of the industry's most comprehensive IT management portfolios for enterprises and service providers. This portfolio not only includes IT infrastructure management via the IT Operations Intelligence Suite, EMC Unified Infrastructure Manager (UIM) for managing VCE Vblock platforms and Watch4net, but also includes tight alignment with IT Service Level Management via VMware and Security Management and Compliance via RSA. This broad set of capabilities is critical to address customers' diverse management requirements as they continue their journey to cloud computing and look to deliver IT-as-a-Service.
According to a recent Enterprise Management Associates report, the changes brought forth by the dual disruptive trends of server virtualization and cloud services "are nothing less than revolutionary to many IT organizations, spawning re-assessments of management tools, technologies, and practices in order to achieve cross-domain alignment to the new service-oriented mandate." The report, Network Management and the Responsible, Virtualized Cloud (February 2011), indicates that most organizations adopting server virtualization and cloud services are seeing direct impacts across multiple management disciplines and management tools as a result.
Michel Foix, Watch4net CEO, and the Watch4net team will report to Jay Mastaj, Senior Vice President and General Manager, EMC Infrastructure Management Group.
EMC Executive Quote:
Jay Mastaj, Senior Vice President and General Manager, EMC Infrastructure Management Group
"Today's rapidly-growing and dynamic IT infrastructures carry an ever-looming mandate to stay on top of absolutely everything happening within them. Regardless of where customers are along their journey to cloud computing, insight into every aspect of IT performance and the ability to manage it without growing staff and with increasing granularity, are no longer optional. By bringing Watch4net into the EMC portfolio and roadmap, EMC rounds out its world-class IT management solution to address customers' most critical IT management needs across their physical and virtual IT environments."
Watch4net Executive Quote:
Michel Foix, Chief Executive Officer, Watch4net
"IT availability and performance management are ever-changing, and the advent of cloud computing has increased the need for an end-to-end, seamless solution. Watch4net and EMC have worked together for more than seven years on a unified mission. We are extremely proud to be joining the EMC family and look forward to the continued development and market adoption of our flagship product suite, APG."
Watch4net is a leading provider of service assurance software. Watch4net's flagship product, APG, is a carrier-class performance management application that provides real-time, historical and projected visibility into the performance of the network, data centers and cloud infrastructures. Corporations rely on Watch4net's APG solution to ensure consistent delivery of business services, detect and troubleshoot problems quickly, and gain full visibility on the infrastructure performance and health. Watch4net was established in 2000 and is headquartered in Montreal.
EMC Corporation is a global leader in enabling businesses and service providers to transform their operations and deliver IT as a service. Fundamental to this transformation is cloud computing. Through innovative products and services, EMC accelerates the journey to cloud computing, helping IT departments to store, manage, protect and analyze their most valuable asset — information — in a more agile, trusted and cost-efficient way. Additional information about EMC can be found at www.EMC.com.
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This release contains "forward-looking statements" as defined under the Federal Securities Laws. Actual results could differ materially from those projected in the forward-looking statements as a result of certain risk factors, including but not limited to: (i) adverse changes in general economic or market conditions; (ii) delays or reductions in information technology spending; (iii) the relative and varying rates of product price and component cost declines and the volume and mixture of product and services revenues; (iv) competitive factors, including but not limited to pricing pressures and new product introductions; (v) component and product quality and availability; (vi) fluctuations in VMware, Inc.'s operating results and risks associated with trading of VMware stock; (vii) the transition to new products, the uncertainty of customer acceptance of new product offerings and rapid technological and market change; (viii) risks associated with managing the growth of our business, including risks associated with acquisitions and investments and the challenges and costs of integration, restructuring and achieving anticipated synergies; (ix) the ability to attract and retain highly qualified employees; (x) insufficient, excess or obsolete inventory; (xi) fluctuating currency exchange rates; (xii) threats and other disruptions to our secure data centers or networks; (xiii) our ability to protect our proprietary technology; (xiv) war or acts of terrorism; and (xv) other one-time events and other important factors disclosed previously and from time to time in EMC's filings with the U.S. Securities and Exchange Commission. EMC disclaims any obligation to update any such forward-looking statements after the date of this release.
SOURCE EMC Corporation