IBM?s Tivoli Systems unit plans to purchase Software Artistry for approximately $200 million in cash to provide it with a foothold in the burgeoning helpdesk software market.
The move follows Big Blue?s purchase of scheduling software house Unison Software in September for $170 million (see Newswire 15 September 1997), in an attempt to flesh out Tivoli?s systems management offerings to take on arch-rival Computer Associates more effectively.
Tivoli will buy all Software Artistry?s outstanding shares at $24.50 per share and will run the organisation as a separate business unit.
Software Artistry?s chairman, chief executive and other executive officers have already agreed to sell their shareholding in the company, which amounts to approximately 20 per cent.
Jan Lindelow, Tivoli?s president and chief executive, said: ?This merger offers our customers both near and long term benefits. Shortly, we will offer customers a consolidated service desk solution, integrated across network, systems and applications management disciplines to automate the processes of change, request and configuration management.
He continued: "Longer term, our vision to provide customers with an automated service level management offering that will not only solve problems quickly, but actually prevent them before they surface.?
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