MCS, NetIQ Merge -- Redmondmag.com

MCS, NetIQ Merge

By Scott Bekker
02/28/2000

Mission Critical Software Inc. and NetIQ Corp., players in the network monitoring and management space, today announced a mutual merger. In addition, they announced the acquisition of a performance management company, Ganymede Software, Inc.

Mission Critical (www.missioncritical.com) and NetIQ (www.netiq.com), considered competitors in the network management space, agreed to an equal merger, with stockholders receiving equal shares of the other company. Both companies offer network monitoring and directory management tools.

Michael S. Bennett, currently Mission Critical’s chairman and CEO, will adopt the role of executive chairman, while Ching-Fa Hwang, current president and CEO of NetIQ, will be CEO of the new company.

Ganymede (www.ganymede.com), a privately held company which will be purchased by Mission Critical, produces end to end performance management solutions.

The merger should be completed by June. - Christopher McConnell

About the Author

Scott Bekker is editor in chief of Redmond Channel Partner magazine.

Featured

Real-World Ransomware Recovery

Here's how I was (mostly) successful in recovering a family PC infected with malware.
Microsoft Launches Small AI Models Family Phi-3

Recognizing that bigger isn't always better, Microsoft has released its smallest open AI models to date, Phi-3.
Microsoft and OpenAI Continue Global AI Expansions

Microsoft and OpenAI each continued their global expansion this month, with the announcements of new infrastructure investments and service rollouts in new regions, like Asia and the Middle East.
Cisco Warns of Brute Force Attacks Targeting VPNs and Firewalls

Cisco has revealed that a global increase in brute force attacks targeting Virtual Private Networks (VPNs) and other devices is currently taking place.
What's Inside Microsoft 365's Security Toolbox?

Microsoft provides plenty of native tools to secure Microsoft 365. IT pros just have to know where to look.