ALA Services LLC Acquires Adaptive Computing Enterprises, Inc. of Provo, Utah
Naples, FL, September 20, 2016 (Newswire.com) - ALA Services LLC (ALA) announced on Sept. 1, 2016 that they have successfully completed the acquisition of Adaptive Computing Enterprises, a private company previously backed by tier one Investors including Boston-based Tudor Ventures, EPIC Ventures out of Salt Lake City, Utah and Intel Capital, which operates internationally.
ALA, which is an enterprise software investment company, brings with it the experience of software industry veteran Arthur Allen, founder and former CEO of ASG Software Solutions, and his longstanding team of seasoned professionals in the software, financial, and legal industries. The ALA team has a wealth of experience in understanding software platforms used for intelligent decisions in distributed computing environments and with this acquisition, they can now leverage that knowledge to enhance Adaptive Computing’s ability to automate intelligent decisions in the workload and resource orchestration software market.
“With Adaptive Computing we have a platform which can automate the decision processes that save customers tens of thousands to even millions of dollars as they implement their software-defined infrastructures.” – Arthur Allen, Founder & CEO, ALA Services LLC
ALA operates on a corporate shared-services model that will provide added marketing, sales, financial and legal value added services to Adaptive Computing. ALA is currently beginning a new round of technology investments and has as its objective to acquire and grow its combined portfolio of companies to more than a half a billion in annual revenues. ALA is actively negotiating M&A opportunities in the mature software technology space and the acquired companies will remain separate entities under the ALA umbrella.
“We look forward to accelerating our business and improving value to our customers by combining ALA’s expertise with Adaptive Computing’s leading technology and great position within the market.”
– Marty Smuin, CEO of Adaptive Computing Enterprises, Inc.
Adaptive Computing's Workload and Resource Orchestration software platform, Moab, is a world leader in dynamically optimizing large-scale computing environments. Moab intelligently places and schedules workloads and adapts resources to optimize application performance, increase system utilization, and achieve organizational objectives. Moab's unique intelligent and predictive capabilities evaluate the impact of future orchestration decisions across diverse workload domains (HPC, HTC, Big Data, Grid Computing, SOA, Data Centers, Cloud Brokerage, Workload Management, Enterprise Automation, Workflow Management, Server Consolidation, and Cloud VMs); thereby optimizing cost reduction and speeding product delivery.
Source: ALA Services LLC