Altiris acquires BridgeWater Technologies for network device discovery, provisioning and configuration to optimize zero-touch patch management
SALT LAKE CITY Â– Sept. 13, 2004 Â– Altiris, Inc. (Nasdaq: ATRS), a pioneer of IT lifecycle management solutions that reduce the total cost of owning information technology, today announced that it has acquired substantially all of the assets of BridgeWater Technologies Inc., a privately held company and an innovator in network device configuration management.
Financial details of the transaction were not disclosed.
This acquisition enhances AltirisÂ’ capabilities in network device discovery, provisioning and configuration, allowing for more comprehensive network device management. The acquired technology enables complete Layer 2 discovery, network device configuration management, as well as VLAN, VIP address and port management. It is also an extension of the recently announced Altiris Inventory Solution for network devices (see press release at http://www.altiris.com/company/pressreleases).
This transaction also enhances AltirisÂ’ management strategy specifically in the area of patch management. Poul Nielsen, Altiris VP of marketing and product strategy said, Â“This is the third Altiris acquisition in 10 months that demonstrates our commitment to helping customers implement zero-touch patch management processes.Â”
Nielsen continued, Â“The acquired Wise Solutions technology automates patch quality assurance testing; we also recently acquired software virtualization technology to help isolate and minimize the impact of problem patches on target computers; now BridgeWater Technologies allows customers to protect an IT infrastructure by quarantining vulnerable systems on the network. These combined technologies and Altiris Patch Management Solution give customers the confidence to implement a zero touch process and enable real-time patch management. Â”
Altiris server provisioning capabilities will also be extended by this transaction. Customers can use Altiris Deployment SolutionÂ™ to automatically configure a spare server with the appropriate operating system and application configuration. IT administrators can then quickly and easily switch the newly provisioned server from an isolated, staging VLAN to the production VLAN and add the server to the VIP address pool to begin service. This will enable Altiris customers to more fully respond to the on-demand computer model.
Altiris, Inc. is a pioneer of IT lifecycle management software that allows IT organizations to easily manage desktops, notebooks, thin clients, handhelds, industry-standard servers, and heterogeneous software including Windows, Linux and UNIX. Altiris automates and simplifies IT projects throughout the life of an asset to reduce the cost and complexity of management. Altiris client and mobile, server, and asset management solutions natively integrate via a common Web-based console and repository.
For more information, visit www.altiris.com
Note on Forward-Looking Statements
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 our ability to provide a more comprehensive network device management solution to our customers and to enable customers to implement real-time patch management, the extension of our server provisioning capabilities, and our market position and business opportunities. These forward-looking statements involve certain risks and uncertainties that could cause actual results to differ, including, but not limited to, our inability to successfully combine the respective businesses, operations and personnel of BridgeWater Technologies and Altiris, and integrate, market and sell the integrated technologies and products or otherwise obtain market acceptance of such technologies and products, any deterioration of our relationships with HP, Dell, Fujitsu Siemens, Microsoft and other OEMs, VARs, systems integrators, and direct sales channels, adverse changes in IT spending trends, our failure to expand our distribution channels and customer base, the length and complexity of our product sales cycle, increased competition, and such other risks as identified in our Quarterly Report on From 10-Q for the period ended June 30, 2004, as filed with the Securities and Exchange Commission, and all subsequent filings, which contain and identify important factors that could cause the actual results to differ materially from those contained in our projections or forward looking statements.