News

MCS, NetIQ Merge

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

  • Microsoft Ups Its Windows 10 App Compatibility Assurances

    Microsoft gave assurances this week that organizations adopting Windows 10 likely won't face application compatibility issues.

  • SharePoint Online Users To Get 'Modern' UI Push in April

    Microsoft plans to alter some of the tenant-level blocking capabilities that may have been set up by organizations and deliver its so-called "modern" user interface (UI) to Lists and Libraries for SharePoint Online users, starting in April.

  • How To Use PowerShell Splatting

    Despite its weird name, splatting can be a really handy technique if you create a lot of PowerShell scripts.

  • New Microsoft Customer Agreement for Buying Azure Services To Start in March

    Microsoft will have a new approach for organizations buying Azure services called the "Microsoft Customer Agreement," which will be available for some customers starting as early as this March.

comments powered by Disqus
Most   Popular

Office 365 Watch

Sign up for our newsletter.

Terms and Privacy Policy consent

I agree to this site's Privacy Policy.