News

NetManage to Acquire Wall Data

NetManage Inc. (www.netmanage.com) has announced that it has entered into a definitive agreement to acquire all outstanding shares of Wall Data Inc. (www.walldata.com). The acquisition follows in the wake of a series of financial setbacks for Wall Data, including the resignation of its founder and CEO in August.

Wall Data is known for its Rumba brand PC-to-host connectivity solutions, primarily for the IBM market. NetManage's eN2000 strategy has been moving the company toward server-based connectivity, Web-to-host solutions and application integration servers. The acquisition of Wall Data will strengthen NetManage's existing product line, accelerate product development and increase market share.

Prior to the acquisition by NetManage, Wall Data suffered a number of financial setbacks. In August the company sold their 10 percent equity in DataChannel (www.datachannel.com) in order to raise cash. This announcement came just four days after the founder and CEO of Wall Data, John Wall, announced his resignation. On the same day, the company announced that it anticipated an operating loss of between $11.5 million and $12.5 million for the first quarter of 2000. -- Isaac Slepner

About the Author

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

Featured

  • Office Mobile Apps To End as Microsoft Highlights New Office App

    Microsoft plans to end support for Windows 10 Mobile applications on Jan. 12, 2021, according to a Friday announcement.

  • Is Microsoft Finally Reinventing Office?

    Microsoft is testing out a new technology called "Fluid Framework." It could mean that Brien's dream of one Office app to rule them all might soon become reality.

  • Azure Active Directory Connect Preview Adds Support for Disconnected AD Forests

    Microsoft on Thursday announced a preview of a new "Cloud Provisioning" feature for the Azure Active Directory Connect service that promises to bring together scattered Active Directory "forests."

  • Microsoft Defender ATP Gets macOS Investigation Support

    The endpoint and detection response (EDR) feature in Microsoft Defender Advanced Threat Protection (ATP) has reached the "general availability" stage for macOS devices.

comments powered by Disqus

Office 365 Watch

Sign up for our newsletter.

Terms and Privacy Policy consent

I agree to this site's Privacy Policy.