Thoma Bravo portfolio company LANDesk Software has acquired Managed Planet. Managed Planet provides technologies in the areas of IT asset management, business to business connectors, hardware discovery, reporting and asset analytics. The company is located in Dallas, Texas. Financial terms of the transaction were not disclosed.
LANDesk Software, a global leader in systems lifecycle management, endpoint security and IT service management, today announced the acquisition of Managed Planet. The company has unique technologies in the areas of IT asset management, business to business connectors, hardware discovery, reporting and asset analytics. LANDesk previously licensed this technology as part of its LANDesk® Data Analytics product. Managed Planet is located in Dallas, Texas and financial terms of the transaction were not disclosed.
This acquisition is the fifth since LANDesk spun-out of Intel in 2002 and the first for LANDesk since becoming a stand-alone business again in September of 2010. As a stand-alone company, LANDesk has achieved significant growth and expanded its product portfolio while achieving record levels of profitability. This acquisition represents a first step in the next phase of LANDesk’s growth strategy and further strengthens LANDesk’s position as a market leader in IT end-user management.
“Acquisitions represent an important component of our growth strategy and this announcement marks a shift to accelerated growth for LANDesk,” said Bob Macfarlane, LANDesk’s Vice President of Corporate Development. “LANDesk has achieved its core goals since becoming an independent company and our strong financial performance fuels plans for future acquisitions.”
LANDesk will continue to sell its version of LANDesk Data Analytics as add-on options to its systems and security management products. This technology allows organizations to achieve additional benefits by expanding the management of hardware devices, including printers, with in-depth reporting and analytic capabilities. This acquisition will enable LANDesk to more quickly localize all Managed Planet offerings while expanding availability through LANDesk global channels.
LANDesk asset management solutions help IT organizations reduce hardware and software asset management cost. LANDesk Data Analytics along with LANDesk Software License Monitoring and Asset Lifecycle Manager combine to provide a comprehensive picture of the asset status, while offering easy integration into procurement systems. Unlike other IT asset management products, LANDesk solutions offer strong data translation, asset controls, extended discovery, license reconciliation, reporting, asset analysis and compliance validation of IT assets that allow organizations to reduce cost and risk.
About LANDesk Software
LANDesk Software is a leading provider of systems lifecycle management, endpoint security, and IT service management solutions for desktops, servers and mobile devices across the enterprise. LANDesk enables IT to deliver business value by gaining control of end-user computing with a single console, light infrastructure, and ITIL solutions that deliver significant ROI for thousands of customers worldwide.