Avocent to buy LANDesk for up to $476M

Avocent is buying LANDesk Software for up to $476 million, officials from both companies announced today.

The purchase will allow federal information technology managers to streamline the tools and processes they use to manage IT in large, distributed environments, said Everett Brooks, vice president for market development at Avocent.

The official agreement sets the sale price at $416 million, with the possibility of adding up to $60 million based on LANDesk’s financial performance through the end of the year, Brooks said.

Avocent sells hardware that enables users to securely access all parts of their networks from any physical location and regardless of the operational state of their network components, Brooks said.

LANDesk is a systems and security management software vendor specializing in products that help users monitor and secure their networks, said Bob Macfarlane, vice president of business development at LANDesk. The company also helps customers automate business processes, he added.

Featured

  • Defense
    DOD photo by Senior Airman Perry Aston  11th Wing Public Affairs

    How DOD's executive exodus could affect tech modernization

    Back-to-back resignations raise concerns about how things will be run without permanent leadership in key areas from policy to tech development.

  • Budget
    cybersecurity (vs148/Shutterstock.com)

    House's DHS funding bill would create public-private cyber center

    The legislation would give $2.25 billion to DHS' cyber wing and set up an integrated cybersecurity center with other agencies, state and local governments and private industry.

Stay Connected

FCW INSIDER

Sign up for our newsletter.

I agree to this site's Privacy Policy.