Sun, Dec 21, 2014 11:17
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Utah Firm Buys Dallas’ Managed Planet

Texas Business reports:  SALT LAKE CITY—LANDesk Software, a provider of systems lifecycle management, endpoint security and IT service management, acquired Managed Planet.

The company has technologies in the areas of IT asset management, business to business connectors, hardware discovery, reporting and asset analytics.

LANDesk previously licensed this technology as part of its LANDesk Data Analytics product. Managed Planet is located in Dallas and financial terms of the transaction were not disclosed.

This acquisition is the fifth since LANDesk spun-out of Intel in 2002 and the first for LANDesk since becoming a stand-alone business again in September of 2010.

 “Acquisitions represent an important component of our growth strategy and this announcement marks a shift to accelerated growth for LANDesk,” said LANDesk vice president Bob Macfarlane in a prepared statement. “LANDesk has achieved its core goals since becoming an independent company and our strong financial performance fuels plans for future acquisitions.”

LANDesk will continue to sell its version of LANDesk Data Analytics as add-on options to its systems and security management products.