PE-backed LANDESK buys Xtraction Solutions


LANDESK, a portfolio company of Thoma Bravo, has acquired Xtraction Solutions. No financial terms were disclosed. Xtraction is a provider of IT service management solutions.

PRESS RELEASE

SALT LAKE CITY — August 31, 2015 — LANDESK today announced it has acquired Xtraction Solutions, a company that brings business intelligence to IT operations initiatives. This acquisition, LANDESK’s sixth in three years, advances the LANDESK Workspaces initiative and furthers the company’s vision for user-centered IT service management.

The Xtraction Solutions data-aggregation technology allows IT organizations to connect multiple data sources into a single, easy-to-use solution that allows even non-technical users to quickly visualize the state of their IT environment and make informed decisions to improve processes, technology, projects, security and service levels across the business.

“We’re excited to bring our customers a solution that lets them extend the value of our IT management portfolio,” said Steve Daly, CEO of LANDESK. “We believe that when this information is combined with additional data from across their environment, it will provide powerful insights to help them demonstrate the value IT delivers to the business.”

Analyst firm Gartner Inc. refers to the output of these types of tools as “business value dashboards” and explains, “The idea behind this is to ensure that senior I&O leaders receive a quick, high-level, metrics-driven report with a visual indication of trends and performance to goals.” Gartner anticipates that “by 2020 more than 50% of infrastructure and operations (I&O) organizations will adopt business value dashboards (BVDs), which will be a significant increase from today’s level of less than 10%.”*

A former LANDESK One partner, Xtraction Solutions already provides out-of-the-box data models and pre-built dashboards for LANDESK Service Desk and Management Suite. LANDESK plans to further leverage these capabilities across its portfolio and to integrate them into LANDESK Workspaces, which empowers organizations with an intuitive IT management experience that unifies data, simplifies processes and delivers tools based on role.

Xtraction Solutions has also developed pre-defined data models for dozens of products from numerous other technology vendors. LANDESK plans to develop additional data models for third-party software and databases and will continue to advance the technology for use in non-LANDESK environments, maintaining it as a heterogeneous solution for the IT operations market.

“We’ve built a great product and strong team,” said Clive Smith, CEO at Xtraction Solutions. “We are excited to be a part of LANDESK, and to take what we’ve built to a broader, worldwide audience.”

Xtraction Solutions customers will immediately begin receiving ongoing support and updates through LANDESK’s world-class global support organization and will benefit from membership and participation in LANDESK’s active community of users.

For more information on Xtraction Solutions, please visit www.xtractionsolutions.com.

* Gartner, “Market Guide for I&O Business Value Dashboards,” Gary Spivak, Robert Naegle, 21 May 2015

Gartner does not endorse any vendor, product or service depicted in its research publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner’s research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.

About LANDESK Software
LANDESK, the global authority on user-centered IT, enables users to be their most productive while helping IT embrace the speed of change. Through the integration and automation of IT systems management, endpoint security management, service management, IT asset management, and mobile device management, LANDESK empowers IT to balance rapidly evolving user requirements with the need to secure critical assets and data. With offices located across the globe, LANDESK is headquartered in Salt Lake City, Utah. For more information, visit www.landesk.com.

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