AdventNet Acquires Vembu Technologies' Product Line
Pleasanton, California, December 23, 2003
AdventNet Inc., the leading provider of standards-based
management software for applications and networks, today announced
its entry into the database migration tools business with
the acquisition of the SwisSQL and database migration product
line from Vembu Technologies. Vembu
Technologies, started by Mr. Sekar Vembu, has established
itself as a multi-database tools provider. Vembu Technologies
has signed up over a dozen customers, within 6 months of the
products introduction, with a very positive momentum going
into 2004. Recent customer wins include EMC, HP and Ramco
Systems, who have reported significant productivity gains
from the product line.
Announcing this today, Dr. Tony Thomas, Chairman of AdventNet,
said, "AdventNet has been expanding its focus towards
the enterprise IT market for the past year. This acquisition
accelerates this further. Our commitment to the customers
of Vembu Technologies is that AdventNet will accelerate the
R&D investment in this product portfolio and round out
the products with additional tools. In addition, we will integrate
these technologies with our existing AdventNet products, especially
as part of our applications management products. The AdventNet
field organization will start providing support for Vembu
products shortly, making life easier for existing and new
customers."
Mr. Sekar Vembu, President of Vembu Technologies, said, "As
a co-founder of AdventNet, I am very happy to see the products
we created at Vembu Technologies finding a good home. I am
very confident that the product portfolio will succeed even
better, with the extensive R&D and field resources of
AdventNet."
As part of the acquisition, the products will be sold under
the AdventNet SwisSQL name and will be available at http://www.swissql.com.
The Vembu name will be phased out over time. The Web site
will be integrated within a few weeks.
About AdventNet
Enabling Management Your Way™
AdventNet provides affordable software for management and
provisioning of complex networks, systems and IT applications.
With a broad product portfolio and an active customer base
ranging from enterprises, equipment vendors and service providers,
AdventNet has emerged as a very affordable and high-quality
alternative to expensive software that is common in this industry.
AdventNet is headquartered in Pleasanton, CA with offices in NJ, NH, India, UK, China and Japan.
It has a well-trained partner base around the globe and thousands of customers world-wide.
For a detailed brochure of applications implemented by some
of our illustrative customers, please contact sales@adventnet.com
Contact:
Sunil Tara, Marketing Communications
AdventNet, Inc.
925-251-3781
sunil@adventnet.com
Gary Raj, Public Relations
AdventNet, Inc.
925-965-6272
gary@adventnet.com
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