Kaseya announced the acquisition of Zyrion, a provider of cloud and IT service monitoring software solutions.
Zyrion provides the management and monitoring of IT services using ITIL-based Business Service Management (BSM) technology for distributed and complex data center environments. The combination of this technology with the Kaseya family of IT service management solutions, provides customers with a complete view of all business services and gives them the ability to manage both private and public clouds.
With the acquisition, Kaseya has significantly strengthened its BSM platform, providing easy, sophisticated remediation to quickly pinpoint, address and resolve any network problem.
"We see significant demand from the industry for the ability to proactively and easily monitor new IT environments, including cloud and virtualization. Moreover, monitoring and managing the entire IT infrastructure from a business service view is extremely powerful in these hybrid environments. We believe Zyrion has built a market-leading product to meet this demand. The combination of these best of breed technologies will dramatically increase the value proposition for customers and will further drive Kaseya's growth and success," said Yogesh Gupta, CEO of Kaseya.
"With strong support across the infrastructure, Zyrion has evolved to deliver richly diverse capabilities for application monitoring, and is the industry's single most pragmatic approach to service modeling, bar none. The combined company offers a very compelling solution to organizations looking for business service monitoring and management within a complementary automated IT management platform," said Dennis Drogseth, VP, Enterprise Management Associates. "Zyrion's focus on BSM interdependencies strongly complements Kaseya's unique strengths in systems management and IT service management and will help propel Kaseya into becoming a more fully dimensional service management solution provider."
"Kaseya has a strong and respected presence and history in the IT Infrastructure software space. The Zyrion Traverse monitoring solution is very complementary to Kaseya solutions and the combination will provide one of the strongest cloud and IT management solutions in the industry," said Vikas Aggarwal, founder and CEO of Zyrion. "All of Zyrion's management and staff will join the Kaseya team as part of this acquisition and continue to work on integrating the Traverse solution with the Kaseya platform."
Terms of the agreement are undisclosed.
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