[THIN] Provision Networks Acquired by Quest
- From: "Jim Kenzig ThinHelp.com" <jkenzig@xxxxxxxxx>
- To: THIN <thin@xxxxxxxxxxxxx>
- Date: Sun, 18 Nov 2007 15:52:27 -0500
*In case you missed it. This is of some significance.*
*JK*
*Quest Software Enters the Virtual Desktop Infrastructure Market with
Acquisition of Provision Networks
Broadens Quest's Virtualization Offerings and Extends Capabilities to
End-to-End Application and Desktop Monitoring, Management and Availability *
ALISO VIEJO, Calif. & RESTON, Va.--(November 12, 2007)--Quest Software, Inc.
(Nasdaq: QSFT - News) today announced the acquisition of the assets of
Provision Networks Inc. (www.ProvisionNetworks.com), a privately held leader
of enterprise-grade presentation and desktop virtualization solutions. The
addition of Provision Networks' award-winning virtual desktop infrastructure
(VDI) and management offerings helps position Quest as one of leading
providers of heterogeneous virtualization management solutions across both
physical and virtual desktops, applications and servers. The companies'
combined products bring to market technical, customer and channel synergies,
enabling Quest to extend its leadership in infrastructure management from
the desktop to the datacenter.
"This acquisition marks an important step forward for Quest in both our
virtualization offerings and our Windows desktop management capabilities,"
said Vinny Smith, CEO of Quest Software. "As virtualization and desktop
management are key components of our vision and product areas within our
growth strategy, the addition of Provision Networks is an important step in
positioning Quest to meet a broader and deeper set of customer needs during
2008 and beyond, and I am excited to add the Provision Networks team and
solutions to the Quest family."
Effective immediately, Paul Ghostine, co-founder and CEO of Provision
Networks, will report directly to Smith and lead this newest addition to
Quest.
"By bringing Provision Networks into the portfolio, Quest Software has begun
to put together a host of choices for end-to-end virtualization management,
from desktop to server," said John Humphreys, program vice president of
Enterprise Virtualization for IDC. "Provision Networks' desktop delivery, in
conjunction with Quest's management focus, can help customers achieve
predictive monitoring, leading to higher availability of their virtual
desktop infrastructures."
Quest Software has long been a thought leader in database, applications and
Windows infrastructure management solutions, as well as in virtual
infrastructure management through a majority ownership position in
Vizioncore and acquisition this year of Invirtus. Customers and partners
worldwide are demanding cost-effective and innovative alternatives to
complex existing technologies, with virtualization and the associated
management increasingly becoming among the most requested solution areas.
"With Quest's global reach, we can leverage access to more than 50,000
customers worldwide, as well as the combined companies' channel partner
network that was broadened through the prior acquisition of ScriptLogic and
investment in Vizioncore, to bring these innovative virtualization solutions
to market and accelerate the adoption of these technologies," said Ghostine.
*About Quest Software, Inc.*
Quest Software, Inc. delivers innovative products that help organizations
get more performance and productivity from their applications, databases and
Windows infrastructure. Through a deep expertise in IT operations and a
continued focus on what works best, Quest helps more than 50,000 customers
worldwide meet higher expectations for enterprise IT. Quest's Windows
Management solutions simplify, automate and secure Active Directory,
Exchange and Windows, as well as integrate Unix, Linux and Java into the
managed environment. Quest Software can be found in offices around the globe
and at www.quest.com.
*About Provision Networks*
Provision Networks is a global provider of presentation and desktop
virtualization solutions. Provision Networks solutions embrace and extend
the Microsoft Terminal Services platform and Virtualization Infrastructure
platforms from VMware, Virtual Iron, XenSource, SWSoft, and Microsoft,
delivering resilient, scalable and dynamic on-demand desktop deployment and
application delivery for enterprises worldwide.
Provision Networks produces and markets three product suites through a
global network of value-added resellers:
Provision Networks Virtual Access Suite – Enterprise Edition
Provision Networks Virtual Access Suite – Desktop Services Edition
Provision Networks Virtual Access Suite – Standard Edition
With a world-class client list, comprised of some of the world's largest
commercial enterprises, and government organizations, Provision Networks is
the most trusted name in presentation and desktop infrastructure
virtualization. To learn more about Provision Networks and our enterprise
access solutions, please visit us at www.ProvisionNetworks.com.
Quest, Quest Software and the Quest logo are trademarks or registered
trademarks of Quest Software in the United States and certain other
countries. All other names mentioned herein may be trademarks of their
respective owners.
*Forward Looking Statements*
This press release includes predictions, estimates and other information
relating to our acquisition of the assets of Provision Networks, Inc. that
might be considered forward-looking statements. These statements are based
on current expectations and assumptions that are subject to risks and
uncertainties. Actual results could differ from those anticipated as a
result of various factors, including: risks that the proposed transaction or
related integration activity may disrupt current plans, projects and
operations; and our ability to recognize the benefits of the acquisition.
Other risks and uncertainties that may affect forward-looking statements
include risks inherent in software businesses, which include but are not
limited to: introducing quality products on a timely basis that satisfy
customer requirements and achieve market acceptance; lengthy and variable
sales cycles create difficulty in forecasting the timing of revenue; risks
associated with significant foreign operations, including fluctuations in
foreign currency exchange rates; aggressive competition in all of our
markets, which creates pricing pressure; risks that our intellectual
property rights may not be adequate to protect Quest's business or that
others may claim that Quest infringes upon their intellectual property
rights; risks associated with the ability to retain existing personnel and
recruit and retain qualified personnel; declines or delays in information
technology spending; changes in the demand for our products and services;
inability to maintain or expand relationships with channel partners, value
added resellers and systems integrators; difficulty of improving our
infrastructure in order to be able to continue to grow; and other risks
described from time to time in Quest's filings with the SEC. For a
discussion of these and other related risks, please refer to our SEC
filings, including our Annual Report on Form 10-K for the year ended
December 31, 2005, which are available through the SEC's EDGAR system at
www.sec.gov or from Quest's website at www.quest.com. Readers are cautioned
not to place undue reliance on these forward-looking statements, which speak
only as of the date thereof. We undertake no obligation to update
forward-looking statements to reflect events or circumstances after the date
thereof.
--
Jim Kenzig
Microsoft MVP - Terminal Services
http://www.thinhelp.com
Citrix Technology Professional
Provision Networks VIP
CEO The Kenzig Group
http://www.kenzig.com
Blog: http://www.techblink.com
Other related posts:
