Strategic Technology Acquisition positions company to offer the industry's most comprehensive IT management and compliance solutions to all market segments
SAN FRANCISCO, CA: Vigilance can report that STEALTHbits Technologies, the provider of the industry's most comprehensive IT management and compliance platform for Microsoft-based systems, applications and data repositories, yesterday announced it had acquired NetVision, Inc., an access rights, reporting and monitoring solutions specialist.
It was said the acquisition would allow STEALTHbits to extend its product portfolio to the mid-market and offer channel-ready solutions that combine enterprise-class scalability and performance with turnkey functionality.
"We've enjoyed tremendous success over the past decade in delivering robust and scalable solutions that truly bridge the gap between IT management and compliance for Fortune 500 companies," enthused Steve Cochran, CEO of STEALTHbits Technologies.
Mr Cochran added: "With the acquisition of NetVision, we're now strategically positioned to extend our product line even further by providing our solutions to all market segments both directly and through the channel, meaning mid-market customers will now have access to the advanced technology that our larger enterprise customers have enjoyed, but with out-of-the-box functionality priced according to each organization's needs."
Vigilance learnt that STEALTHbits has consolidated the companies' development, sales, marketing, and customer service to best serve both companies' new and existing customers.
It was gathered STEALTHbits would leverage some of NetVision's technology assets to complement its series of comprehensive solutions that address the toughest business problems in IT infrastructure, application management and compliance. All products will be developed, marketed, supported, and sold under the STEALTHbits brand.
Mr David Rowe, former CEO of NetVision and current General Manager at STEALTHbits Technologies said: "We're very excited to be joining forces with STEALTHbits Technologies. Our technologies and customer bases are extremely complementary and we expect immediate synergies in the development of more advanced, out-of-the-box solutions for our mid-market customers."
StealthINTERCEPT Directory Authority, which was announced earlier this month, is the first in a line of new, channel-ready product offerings designed to address the mid-market's need for more advanced security. Solving critical problems related to compliance, data leakage and insider control by providing real-time, in-line analysis of and control over any directory and file system changes, StealthINTERCEPT is designed to dramatically streamline administrator oversight, operational change control and compliance.
In January, STEALTHbits was acknowledged as one of the "10 Hot Emerging Vendors" by CRN Magazine demonstrating that the company is poised to have a significant impact on the channel market.
STEALTHbits will be at RSA Conference 2012 in San Francisco, February 27th - March 2nd.