GFI Software Acquires Exinda and Brings More Powerful Network Management Products to the GFI Family
GFI Software continues with strong strategic growth through acquiring companies with a strong portfolio of network management products for SMBs
Austin, Texas, April 27, 2017 (Newswire.com) - GFI Software today announced the acquisition of Exinda, a U.S.-based software company creating solutions designed to help IT teams manage the way users, traffic, devices and applications behave across the network. Founded in 2002, Exinda is trusted by over 4,000 business and educational organizations worldwide to ensure that their business-critical applications always perform as promised.
“The acquisition of Exinda strengthens GFI’s ability to deliver on its promise to create simple yet powerful products for the SMB market,” said Scott Brighton, CEO of GFI Software, and added: “Exinda’s application and network performance tools perfectly complement the existing GFI’s product portfolio of communication and security products, and bring tremendous added value to our constantly expanding global community of customers and partners. By acquiring Exinda we’re getting one step closer to our strategic goal: building a world-class network security, management and communication platform for SMBs.”
The acquisition includes a set of tools developed by Exinda, focused on application visibility and control: the award-winning Exinda Network Orchestrator, and specific tools focused on Microsoft applications, such as Office 365 and Skype for Business.
The acquisition of Exinda strengthens GFI's ability to deliver on its promise to create simple yet powerful products for the SMB market.
“Exinda has worked tirelessly with our customers to ensure that their business-critical applications perform consistently and reliably,” said Michael Sharma, CEO of Exinda, adding: “Now, as part of GFI, our customers and partners will benefit from the increased scale and access to world-class security products, which will make the network administrator continue to look like a hero to their end user.” Exinda was advised by New York-based Sparring Partners Capital during this process, while Razorhorse Capital advised GFI on this acquisition.
About GFI Software
GFI Software, part of the ESW Capital group of companies, develops right-sized, smartly engineered IT solutions for businesses of all sizes. Our solutions enable IT administrators to easily and efficiently discover, manage and secure their business networks, systems, applications and communications, regardless of their location. GFI Software is a channel-focused company with a network of thousands of partners worldwide. We have received numerous awards and industry accolades, and are a long-time Microsoft® Gold ISV Partner. For more information about GFI Software, our products, and success stories of our customers from over 120 countries, please visit www.gfi.com
Exinda application control solutions provide end-to-end management of both the network and the cloud to help organizations guarantee the best possible quality of experience for voice, video and application sharing services. Real-time monitoring, unified visibility and actionable recommendations allow IT Managers to quickly troubleshoot and resolve issues related to business critical services like Skype for Business, Office 365 and SharePoint. Exinda has helped more than 4,000 organizations in over 80 countries worldwide guarantee application performance, improve quality of experience and reduce network operating costs for the IT executive. For more information about Exinda, please visit www.exinda.com
About Razorhorse Capital
Razorhorse Capital, Inc. dedicates its resources to acquiring lower and mid-market software businesses. Over the past five years, Razorhorse has led over 30 acquisitions and minority investments with its partners, putting over $400 million of equity capital to work. For more information, visit www.razorhorse.com
About Sparring Partners Capital
Sparring Partners Capital is an investment bank dedicated to providing mergers & acquisitions advisory and capital raising services to technology-enabled companies and private equity firms. Founded in 2001, Sparring Partners Capital has an extensive track record of advising clients based in North America, Europe, and Asia. Headquartered in New York City, Sparring Partners Capital is a licensed broker-dealer; Member FINRA / SIPC. For more information, please visit www.sparringpartners.com
Source: GFI Software