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LANDesk Sold For $416 Million
Chris Crum
Staff Writer
2006-04-27
 Insider Reports RSS Feed
IT infrastructure supplier Avocent is acquiring Vector Capital's LANDesk group for $416 million.
Included in the acquisition is the LANDesk Security Suite (LDSS), and the LANDesk Management Suite (LDMS).
These tools are aimed at IT managers at medium to enterprise-level companies for controlling their networks and automating complex IT processes from one console.
Also included in the acquisition are the following LDMS add-ons: LANDesk Server Manager (LDSM), LANDesk Process Manager (LPM), LANDesk Patch Manager (LDPM), and LANDesk Asset Manager (LDAM).
The deal is expected to close within the next 60-75 days.
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About the Author:
Chris Crum is a staff writer for SecurityProNews and WebProNews.
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