Ivanti acquires asset management company - ninth in five years
Ivanti has completed 9 acquisitions in 5 years.
The most recent is the acquisition of Concorde, a provider of SaaS software asset management (SAM) solutions.
Concorde was established in 2007. The company specialises in handling the complexity of software licensing in the data center.
Ivanti aims to help organisations integrate and automate their critical IT tasks and secure their digital workplace.
Through Concorde's license optimisation technology, customers can manage software licensing for both client-side applications, as well as complex, server-based enterprise products.
"With this acquisition, Ivanti is advancing its lead in SAM by filling a critical unmet need within the greater ITAM ecosystem," says Ivanti CEO Steve Daly.
Daly says that the collaboration between Concorde's software licensing expertise and Ivanti's asset intelligence and endpoint management capabilities provides customers total asset management from a single point of control.
The solution aims to offer customers immediate access to the enhanced portfolio of solutions.
Andy Burton, the chairman of Concorde, notes that software asset management is a critical discipline for any enterprise today.
He says that Concorde have done an extraordinary job of addressing increasingly complex areas of IT governance, control and operational efficiency
"We look forward to seeing the combined business having an even greater impact in providing much-needed solutions for complicated asset decision-making processes in the enterprise IT estate," says Burton.
Concorde's participation in the technical alliance program, Ivanti One partner, gave Ivanti the chance to review the technology before and its value to the Ivanti customers before the acquisition.
Going forward, Ivanti plans to invest in ongoing development and integration to help organizations optimise spend across client and data center applications, minimise the cost and time of completing audits and make budget cycles more predictable.
