CapaSystems A/S announces agreement to acquire Premitech A/S, developer of the award winning Performance Guard™ solution delivering performance management from the end user perspective.
Hedehusene, Denmark October 31, 2008. CapaSystems A/S today announced it has entered into a definitive agreement to acquire Premitech A/S, developer of the award winning Performance Guard™ solution and the market leader in system management software from the end user perspective.
The acquisition strengthens CapaSystems portfolio in the area of System Management by adding the Performance Guard™ end user perspective to the existing CapaInstaller® solutions palette. PremiTech was named InfoWorld Technology of the Year in System Management in 2007 and to the Red Herring 100 list of the most promising privately held companies in May 2006. Today's announcement reaffirms CapaSystems’ position as the leading Nordic provider of high quality system management solutions and will further accelerate the international expansion of CapaSystems activities.
Performance Guard™ is installed at more than 2,000 locations in more than 100 countries. Customers include HSBC, GE, CIBC, eTrade, American Diabetes Association, Mary Kay Cosmetics, TDC and Dong Energy. It is recognized for its leadership by strategic partners like HP, Computer Associates, BMC, VMWare, IBM, Microsoft, and others. The Performance Guard™ solution is the only solution of its kind to deliver real-time data on IT performance based on the critical end-users' perspective.
The Integration with CapaSystems will bring synergy to CapaSystems and extend the commercial appeal of Performance Guard™ via the extended offerings of the complete CapaInstaller solution. Performance Guard™ will gain new distribution channels through CapaSystems' existing channels and the strengthening of the complete CapaInstaller solution will open new relationships with major international companies.
"Today's acquisition strengthens CapaSystems’ position as a preferred vendor of Windows Management & Deployment Solutions and supports our overall growth plan. Acquiring Premitech emphasizes our determination to add real value to our Customer's business processes by delivering high quality solutions focusing 100% on their needs,” said Nicolai Stumpe, CEO of CapaSystems A/S. “We welcome the Premitech employees into the CapaSystems culture where they are highly regarded and together we will strive to deliver the worlds number 1 system management solution.”
"The combination of Premitech and CapaSystems is a great opportunity for organizations of all sizes looking for high quality solutions to meet current and future demands for increased end-user productivity through reliable provisioning, configuration and performance monitoring," said Kim Wiencken, Chairman of Premitech. "CapaSystems' business model and visions complement Premitech's own by sharing the same ideals of focus on the end user. We are excited to integrate Premitech with CapaSystems and feel confident we could not have found a better partner to facilitate the future expansion."
Both Premitech A/S and CapaSystems A/S are private held companies and the terms of the transaction is not disclosed.
About Premitech A/S
Premitech is the market leader in Systems Management from the end user perspective. PremiTech's Performance Guard™ solution is the only solution of its kind to deliver real-time data on IT performance based on the critical end-users' perspective. This actual performance information allows an organization's help-desk and IT departments to provide proactive service before problems occur, and to quickly determine the root cause of a problem when it does occur. In addition to these immediate benefits, Performance Guard™ delivers the information foundation for end-to-end performance monitoring and documentation as well as real-time capacity planning across servers, networks and end-user devices.
PremiTech has filed international patent applications protecting core parts of the PremiTech technology.
About CapaSystems A/S
CapaSystems A/S was founded in March 1996. Focus was on consultancy, while the development of the CapaInstaller solution, offering complete control when managing an IT environment, began in 1998. CapaSystems has more than 200 customers world wide and strong partner channels in Scandinavia, Central & Eastern Europe, the US and the Middle East.
The road leading from an idea to a fully developed software solution is short in CapaSystems. We have always taken pride in keeping in touch with our customers, listening to their needs and wishes. In practice, the impact of this has been significant. Many of the innovative features seen in our software started out as an idea in our customers' minds.
For further information on the acquisition:
EMEA and APAC - please contact CEO Nicolai Stumpe CapaSystems A/S at +45 7010 7055
Americas - please contact CEO Martin Holm CapaSystems Inc. at +1 408 573 3630