Gores Technology Group Announces Acquisition Of Aprisma Management Technologies From Enterasys Networks
August 13, 2002
Gores Technology Group (GTG), a privately held international acquisition and management company, today announced the purchase of Aprisma Management Technologies from Enterasys Networks (NYSE: ETS). The purchase includes all the software assets and intellectual property rights associated with the Aprisma operation. Financial terms of the transaction were not disclosed.
Aprisma is primarily know for its flagship product SPECTRUM(R), which is a suite of integrated management applications that deliver Service Level Intelligence(TM) across multi-vendor network, system, application, and security infrastructures. The Aprisma solutions enable Enterprises and Service Providers to ensure the highest levels of availability and performance to end users who rely on their infrastructure and systems for mission-critical business applications.
"We believe Aprisma, having been part of a large hardware vendor, has exciting potential as an independent software company," stated James Bailey, Group President of GTG. "We were particularly impressed with Aprisma's proven SPECTRUM technology and as an independent GTG company Aprisma will be afforded the opportunity to pursue key strategic markets and additional industry partnerships."
The Aprisma suite of service assurance solutions includes SPECTRUM infinity(TM) for the Service Provider, SPECTRUM integrity(TM) for the Enterprise, SPECTRUM prophecy(TM) (Application Manager), SPECTRUM dominion(TM), and the SPECTRUM Security Manager, as well as several other integrated advanced applications specifically designed to address the increasing complexity and criticality of today's e-business infrastructure. For additional information on the Aprisma solutions and the new independent company please visit www.aprisma.com.
About Gores Technology Group
With headquarters in Los Angeles, Gores Technology Group (GTG) is a privately held international acquisition and management firm that pursues an aggressive strategy of acquiring promising high-technology organizations and managing them for growth and profitability. GTG has a proven track record of acquiring and successfully managing companies -- including many divisions acquired from large publicly traded companies -- through its commitment to customers, employees, and continued development of intellectual property. GTG has acquired and managed approximately 40 interrelated but autonomous technology-oriented companies with locations throughout the world. Those companies provide a broad range of technology based products and services to a substantial customer base representing millions of active users worldwide.
About Aprisma Management Technologies
Aprisma Management Technologies is the leader in intelligent service assurance solutions. Aprisma's SPECTRUM software is deployed by over 2,800 leading enterprises and service providers that are reducing costs while exceeding customers' service delivery expectations. Aprisma proudly acknowledges that over 50 of the Fortune Global 100 rely on SPECTRUM for infrastructure service assurance. Additional information on SPECTRUM and related Aprisma solutions are available at www.aprisma.com or by contacting Aprisma sales at +1 (877)-437-0291 for North America, +1 (603)-334-2100 for outside North America, as well as authorized SPECTRUM resellers worldwide.
About Enterasys Networks
Enterasys Networks (NYSE: ETS) provides networking hardware offerings which deliver the innovative security, availability and mobility solutions required by Global 2000 organizations coupled with the industry's strongest service and support. For more information on Enterasys and its products, including multilayer switches and routers, wireless LANs, VPN, network management, and intrusion detection systems (IDS), visit www.enterasys.com.