Dorian's advanced log management tools are a great fit for WhatsUp Gold's customer base and will allow their customers to acquire these closely related utilities from a single supplier.
Bothell, WA (PRWEB) March 2, 2010
Corum Group Ltd. today announced the acquisition of its client, Dorian Software Creations, Inc. ("Dorian"), by Ipswitch's Network Management Division, a developer of innovative network management solutions, including WhatsUp Gold. Ipswitch acquired Dorian and its Windows Security Event Management (SEM) and log management tools in a strategic M&A transaction that will empower their customers to collect, store, report, monitor, alert on event logs in real time and do forensic analysis of events. Ensuring network security and adherence to compliance standards and practices are drivers in the event log management space, and Ipswitch now has a firm foothold in that market.
Bill Montgomery, senior vice president of Corum Group said "Dorian's advanced log management tools are a great fit for WhatsUp Gold's customer base and will allow their customers to acquire these closely related utilities from a single supplier." Corum Group Ltd. is the global leader in software M&A services, specializing in serving software and information technology companies worldwide for nearly 25 years, with offices in eight countries.
"The Corum team, specifically Bill Montgomery and Nat Burgess, were an incredible asset to us during the M&A negotiation process," remarked Andy Milford, CEO and Founder of Dorian. "We knew about key issues ahead of time before they surfaced, allowing us to prepare in advance as needed. Plus, they provided a key division of labor for us and kept our focus where it needed to be - on continuing to run our business successfully."
About WhatsUP Gold
Ipswitch develops and markets innovative Windows-based software that makes the Internet and intranets accessible and manageable. Ipswitch™ WhatsUp Gold is a network management software solution with thousands of networks reliably managed worldwide. Built on a scalable architecture offering automated network discovery and network mapping, real-time network monitoring (including SNMP monitoring and WMI monitoring, and versatile alerting, notification, and reporting functionality, WhatsUp Gold provides intelligent and easy to use, extensive network management that goes beyond simple device availability and delivers comprehensive troubleshooting.
About Dorian Software Creations
Dorian Software Creations, Inc., is a leading developer of easy-to-use Microsoft Window based event log management software and other network and Active Directory management solutions to small business, government agencies and leading companies globally.
About Corum Group
Corum Group Ltd. is the global leader in software mergers and acquisitions, specializing in serving technology companies worldwide for 25 years with offices in eight countries. "Experience makes the difference" with Corum having completed hundreds of software M&A transactions spanning six continents, enabling the firm to deliver a proven business process for its clients. Corum also educates the industry with its conferences and publishes the most widely distributed software M&A research, including a monthly webinar review of the state of software M&A. Corum's principals are highly experienced former software company CEOs who are supported by the industry's leading researchers, writers and valuation experts. The company has spent more than US $20 million to build the world's largest and most comprehensive software company buyer database. This knowledge base, in combination with Corum's experience and industry expertise, consistently ensures unequaled success in client engagements. See http://www.corumgroup.com.