After 28 years of independent service, Aldon, a leading provider of process-driven application life-cycle management (ALM) solutions, has been acquired by Marlin Equity Partners, a Los Angeles-area private investment firm.
The partnership provides Aldon with expanded resources to better serve the needs of its customers, the company said it a statement, adding that it can now accelerate growth through continued investments in its products and solutions.
"In the dynamic application life-cycle management market, the opportunity to target emerging areas effectivelyùsuch as SOA, Web 2.0, etc.ùrequires strong capital investment," said Melinda Ballou, program director, Application Life-Cycle Management service at IDC. "Marlin's investment with Aldon can help provide the combined organization with opportunities to invest and extend Aldon's existing technology resources in important emerging ALM growth areas."
"This transaction is an excellent fit with Aldon's strategic direction," said Matt Scholl, president and chief operating officer for Aldon. "With Marlin's financial support, we can continue to establish significant success in the ALM market and grow aggressively toward building a robust platform of market-leading technologies."
"Over the last 28 years, Aldon has successfully developed a strong international customer base and superior set of core technologies for the ALM marketplace," said David McGovern, managing director at Marlin Equity Partners. "We see significant opportunity to build on this foundation through strategic organic growth initiatives as well as through acquisitions."
Business users want new applications now. Market and regulatory pressures require faster application updates and delivery into production. Your IBM i developers may be approaching retirement, and you see no sure way to fill their positions with experienced developers. In addition, you may be caught between maintaining your existing applications and the uncertainty of moving to something new.
IT managers hoping to find new IBM i talent are discovering that the pool of experienced RPG programmers and operators or administrators with intimate knowledge of the operating system and the applications that run on it is small. This begs the question: How will you manage the platform that supports such a big part of your business? This guide offers strategies and software suggestions to help you plan IT staffing and resources and smooth the transition after your AS/400 talent retires. Read on to learn:
LATEST COMMENTS
MC Press Online