Nimsoft Acquires Indicative Software

Nimsoft, Inc., the “Big 4” alternative for IT performance and availability monitoring solutions, today announced that it has acquired Indicative Software to add business service management (BSM) and end-user response time monitoring capabilities to its widely accepted solutions for network monitoring, server monitoring, database monitoring, application monitoring and service level management (SLM). With this acquisition, Nimsoft is delivering the future of IT performance and availability monitoring, where solutions provide a rapid return on investment, are easy to implement and use, and deliver complete customer satisfaction. Nimsoft CEO Gary Read will continue to lead the company under the Nimsoft brand.

The current performance and availability monitoring market is dominated by four large vendors, HP, IBM, BMC Software and CA (The Big 4), but customers continually report and complain about painful complexity resulting in large amounts of professional services and a high cost of ownership from products that are dated and over-engineered for today’s requirements. Nimsoft has built its business by providing more than 550 customers with unparalleled satisfaction and a return on investment that is often astonishing. In many cases, Nimsoft has relieved customers of the burden of trying to maintain complicated and expensive solutions by directly replacing them. With the acquisition of Indicative Software, Nimsoft will continue to deliver against customer expectations with a single solution for organizations both small and large, whether the customer’s need is simple device level monitoring or more sophisticated business service management for the entire IT infrastructure.

“The merger brings together two complementary technologies and offers us the opportunity to draw on a broader IT service delivery portfolio to meet our future requirements. We believe that the combined resources of Nimsoft and Indicative will continue to deliver value to organizations such as ours and other enterprises,” said David Doherty, IS director of Easynet, an international networks and hosting company. “We see the Nimsoft and Indicative merger offering true power for Enterprise Customers that are reliant on IT for real-time transactions and services", said Tammy Board, vice president of infrastructure, Brown-Forman, a diversified producer and marketer of fine quality consumer products, which include brand names such as Jack Daniels, Finlandia Vodka and Korbel California Champagne. "Moving forward, we will have the ability to augment our IT systems with more service-centric monitoring features of the NimBus and Indicative products. The scalability and advanced features that this integration provides will only enhance our ability to maintain a focus on customer services and satisfaction.”

A key strength of the Nimsoft solution is its scalability and support for heterogeneous environments, which enables customers to centrally manage both virtual and physical IT infrastructure. Already recognized by multiple industry analysts and customers for offering market leading solutions that manage the virtualized infrastructure in conjunction with the physical one, Nimsoft will continue to lead the way in delivering innovative and customer-centric solutions. Indicative Software offers complementary strengths in its service-modeling, real user response time monitoring and application analysis capabilities for J2EE and .NET based applications. Both products have been hailed by customers, product reviewers and industry analysts for their ability to drastically reduce the costs of managing data centers.

"With this acquisition, the performance and availability monitoring space will never be the same. Nimsoft has built its business by delivering against customer needs and our customers wanted us to expand into BSM so they could completely replace their incumbents,” said Gary Read, president and CEO, Nimsoft. “This acquisition adds strategic technology, development resources, partners and customers to Nimsoft, enabling us to accelerate our rebellion against what we consider to be broken promises by the incumbents. They promise…..Nimsoft delivers.”

Key Facts

• Nimsoft now has products that cover the complete range of performance and availability monitoring disciplines as defined by industry analysts, which include networks, servers, databases, applications, end user response, service level management and business service management. 
• Nimsoft now has more than 600 customers ranging from small and mid-size organizations to the largest enterprises in the world.
• Nimsoft now has 161 employees worldwide.
• In 2007, Nimsoft generated $29.4 million in bookings and welcomed 139 new customers. Combined with Indicative, the combined company bookings for 2007 are $35 million.
• Nimsoft, headquartered in Silicon Valley, has development labs in both Oslo, Norway and Fort Collins, Colorado
• Nimsoft revenue grew 77 percent in 2007 and was recognized as one of the top 50 fastest growing software companies in the United States.

About Nimsoft
Nimsoft provides next generation performance and availability monitoring solutions for the complete physical and virtualized IT infrastructure. The Nimsoft solutions redefine the standards for ease of use and speed of deployment - providing outstanding return on investment and unparalleled customer satisfaction. Over 600 customers in 30 countries rely on Nimsoft solutions to monitor their IT based business applications and services. These customers include mid-market and global organizations, such as Barclays Capital and Amway Corporation, Archstone Smith Communities, Bay Area Rapid Transit, Ladbrokes, MTU Aero Engines, TriNet, TRW Automotive, and hundreds of leading managed service providers such as CDW Berbee, Easynet and Rackspace Managed Hosting. For more information, visit www.nimsoft.com.

Nimsoft and the Nimsoft logo are trademarks or registered trademarks of Nimsoft Inc. All other company and product names may be trademarks or registered trademarks of their respective companies.

© 2008 Nimsoft Inc. all rights reserved.
 

For more information:

United States

Stephanie Xavier | Nimsoft, Inc. | Phone: +1 650 931 1133

EMEA

Ajay Nawathe | Nimsoft Ltd. | Phone: +44 1932 577 770

Scandinavia

Dag Lund | Nimsoft AS | Phone: +47 2262 7149