Ivanti signed a definitive agreement to acquire Cherwell Software, a provider in enterprise service management solutions.
The terms of the Cherwell transaction were not disclosed.
Ivanti is acquiring Cherwell to expand the reach of its Neurons platform, providing end-to-end service and asset management from IT to lines of business and from every endpoint to the IoT edge.
Ivanti will continue to maintain and invest in both Cherwell and Ivanti service management platforms while working to converge the best aspects of each. Neurons, Ivanti’s hyper-automation platform, accelerates this vision by connecting the Unified Endpoint Management, Security, and Enterprise Service Management solutions and provides a single pane of glass for enterprises to proactively, predictably and autonomously self-heal and self-secure devices, and self-service end users.
Upon completion of the transaction, the combined company will continue to be led by Ivanti chairman and CEO Jim Schaper.
“The combination of Cherwell and Ivanti accelerates our innovation at the intersection of unified endpoint management, security, and enterprise service management,” said Schaper. “The blend of our two companies, with strong and complementary product capabilities, will further unlock the potential of our hyper-automation platform to service all IT assets and endpoints in the everywhere enterprise. Together, we will build a deeper and more vertically oriented enterprise service management solution. And Neurons, our AI-powered engine that will ultimately be the center of this transformation, moves us from a point-level solution to a truly integrated platform for our users.”
Sam Gilliland, CEO, Cherwell, said: “As it relates to the future of work, Ivanti shares our belief that secure, automated workflows can dramatically change and improve the daily lives of employees while also driving trusted business outcomes. We look forward to continuing to innovate to address the growing market demand for the future of work, giving our customers the critical tools they need to tackle IT challenges associated with the new normal.”
The Latest
The 2024 State of the Data Center Report from CoreSite shows that although C-suite confidence in the economy remains high, a VUCA (volatile, uncertain, complex, ambiguous) environment has many business leaders proceeding with caution when it comes to their IT and data ecosystems, with an emphasis on cost control and predictability, flexibility and risk management ...
In June, New Relic published the State of Observability for Energy and Utilities Report to share insights, analysis, and data on the impact of full-stack observability software in energy and utilities organizations' service capabilities. Here are eight key takeaways from the report ...
The rapid rise of generative AI (GenAI) has caught everyone's attention, leaving many to wonder if the technology's impact will live up to the immense hype. A recent survey by Alteryx provides valuable insights into the current state of GenAI adoption, revealing a shift from inflated expectations to tangible value realization across enterprises ... Here are five key takeaways that underscore GenAI's progression from hype to real-world impact ...
As software development grows more intricate, the challenge for observability engineers tasked with ensuring optimal system performance becomes more daunting. Current methodologies are struggling to keep pace, with the annual Observability Pulse surveys indicating a rise in Mean Time to Remediation (MTTR). According to this survey, only a small fraction of organizations, around 10%, achieve full observability today. Generative AI, however, promises to significantly move the needle ...
While nearly all data leaders surveyed are building generative AI applications, most don't believe their data estate is actually prepared to support them, according to the State of Reliable AI report from Monte Carlo Data ...
Enterprises are putting a lot of effort into improving the digital employee experience (DEX), which has become essential to both improving organizational performance and attracting and retaining talented workers. But to date, most efforts to deliver outstanding DEX have focused on people working with laptops, PCs, or thin clients. Employees on the frontlines, using mobile devices to handle logistics ... have been largely overlooked ...
The average customer-facing incident takes nearly three hours to resolve (175 minutes) while the estimated cost of downtime is $4,537 per minute, meaning each incident can cost nearly $794,000, according to new research from PagerDuty ...
In MEAN TIME TO INSIGHT Episode 8, Shamus McGillicuddy, VP of Research, Network Infrastructure and Operations, at EMA discusses AutoCon with the conference founders Scott Robohn and Chris Grundemann ...
Numerous vendors and service providers have recently embraced the NaaS concept, yet there is still no industry consensus on its definition or the types of networks it involves. Furthermore, providers have varied in how they define the NaaS service delivery model. I conducted research for a new report, Network as a Service: Understanding the Cloud Consumption Model in Networking, to refine the concept of NaaS and reduce buyer confusion over what it is and how it can offer value ...
