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FrontRange finalises enteo acquisition
Technology Deals
FrontRange finalises enteo acquisition | FrontRange finalises enteo acquisition |
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| Written by Stephen Withers | |
| Tuesday, 01 May 2007 | |
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"FrontRange's strategy is to deliver fully integrated service management and client lifecycle management in a single unified solution," said FrontRange CEO Michael McCloskey." "Bringing these critical applications together facilitates the unification of infrastructure management and service management teams to provide broader and more proactive services to the organization. The benefits to customers will be an increase in first-contact resolution rates, improved infrastructure availability, and improved service levels." At the time the proposal was first announced, enteo CEO Stephan Glathe said "PC configuration and remediation can provide synergies to IT service management for a more comprehensive service and asset solution. IT organizations thinking strategically about future business needs are looking for more complete solutions with the right value proposition. It's all about doing more with less by optimizing the lifecycle of assets while delivering better service." The value of the transaction and its terms were not disclosed. FrontRange is best known for its GoldMine and HEAT products.{moscomment}
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