Vision Solutions Inc. has announced it has acquired Lakeview Technology, Inc., a move that expands Vision's presence and commitment to the System i high availability market while building out its distribution, technology, and service offerings for its worldwide base of nearly 6,000 customers.
"The acquisition of Lakeview underscores our focus to provide customers with the best system resiliency and data management products and the most exceptional support in the industry," said Nicolaas Vlok, president and CEO of Vision. "Lakeview has built a strong worldwide high availability business, and we are excited to have its world-class employees, customers, and partners join the Vision family. With our expanded resources and scale, we will increase our ability to innovate and be the solutions provider our customers can count on for their availability needs."
The acquisition of Lakeview, backed by private equity investor Thoma Cressey Bravo, Inc., marks Vision's second strategic combination in the high availability market, following its October 2006 merger with iTera, Inc. "We are excited to partner with Vision Solutions and Lakeview Technology to create the clear industry leader in the System i high availability market. Adding the MIMIX range of solutions to Vision's product family creates the broadest and most innovative portfolio of high availability technology globally," said Scott Crabill, a partner with Thoma Cressey Bravo.
With the acquisition of Lakeview, Vision Solutions' Premier Business Partner relationship with IBM is expected to strengthen and expand as both companies further align product development initiatives and move forward with go-to-market strategies to support the needs of enterprise customers while growing the small and medium business marketplace.
"System i clients are looking for affordable, easy-to-manage business resiliency solutions, and the combination of Vision Solutions and Lakeview Technology is terrific news for our clients around the world," said Mark Shearer, general manager, IBM System i. "Vision Solutions has leadership technology assets, services competencies, global reach and the financial strength necessary to take business resiliency to an entirely new level for our clients and partners."
"Businesses of all sizes are increasingly looking to implement business resiliency solutions that are innovative, affordable and easy to use," said Sonia Lelii, Storage Research Analyst at Aberdeen Group. "With this market-changing acquisition, Vision Solutions will be uniquely positioned to globally provide small and medium businesses with the best resiliency solutions that are specifically tailored for their needs."
The acquisition of Lakeview Technology combines the R&D talents of the industry's largest and most innovative high availability and disaster recovery development organizations. In addition, customers will benefit from an extensive support organization that spans the world.
During the merger of Vision and iTera in 2006, the company committed to develop, market and support both ORION HA and iTera HA for the foreseeable future. Vision intends to implement this same strategy with Lakeview's MIMIX product line.
"Each of the iTera, MIMIX and ORION high availability offerings bring important availability and recovery capabilities to their respective customers. We will continue to develop and support these solutions, while working to cross-pollinate the best features of each offering as we roll out new releases," said Alan Arnold, chief technology officer at Vision Solutions. "Customers using our products can count on Vision's commitment of continued investment in future technology initiatives. As we go forward, our synergies will provide customers with even better value from their Vision and IBM availability technologies."
"Customers of Vision and Lakeview have come to expect world-class products and services, and both companies strive to exceed our customers' expectations," said Bill Merchantz, CEO of Lakeview. "By combining Vision and Lakeview, our customers will have the resources of a large operation to support their future needs through Vision's varied product and service offerings. I am excited about the opportunities this will bring to our employees, customers and partners."
Terms of the transaction were not disclosed.
More than ever, there is a demand for IT to deliver innovation. Your IBM i has been an essential part of your business operations for years. However, your organization may struggle to maintain the current system and implement new projects. The thousands of customers we've worked with and surveyed state that expectations regarding the digital footprint and vision of the company are not aligned with the current IT environment.
TRY the one package that solves all your document design and printing challenges on all your platforms. Produce bar code labels, electronic forms, ad hoc reports, and RFID tags – without programming! MarkMagic is the only document design and print solution that combines report writing, WYSIWYG label and forms design, and conditional printing in one integrated product. Make sure your data survives when catastrophe hits. Request your trial now! Request Now.
Forms of ransomware has been around for over 30 years, and with more and more organizations suffering attacks each year, it continues to endure. What has made ransomware such a durable threat and what is the best way to combat it? In order to prevent ransomware, organizations must first understand how it works.
Disaster protection is vital to every business. Yet, it often consists of patched together procedures that are prone to error. From automatic backups to data encryption to media management, Robot automates the routine (yet often complex) tasks of iSeries backup and recovery, saving you time and money and making the process safer and more reliable. Automate your backups with the Robot Backup and Recovery Solution. Key features include:
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