Aduva Receives 14 Million Dollar Investment to Drive Linux Market Expansion; Investment Underlines Necessity of Cost-Effective Systems Management for Linux in the Enterprise.Business Editors/High-Tech Writers PALO ALTO Palo Alto, city, California Palo Alto (păl`ō ăl`tō), city (1990 pop. 55,900), Santa Clara co., W Calif.; inc. 1894. Although primarily residential, Palo Alto has aerospace, electronics, and advanced research industries. , Calif.--(BUSINESS WIRE)--Jan. 9, 2002 Aduva, Inc., an enterprise systems management developer and marketer specializing in Linux Systems, today announced that it has received a 14 million dollar capital infusion Capital infusion Often refers to the cross-subsidization of divisions within a firm. When one division is not doing well, it might benefit from an infusion of new funds from the more successful divisions. from BMC Software BMC Software, Inc. NYSE: BMC, is an American enterprise management software provider, focusing on IT infrastructure applications. BMC was founded in 1980 and is headquartered in Houston, Texas. and the Intel 64 Fund along with previous investors Cap Ventures, Evergreen Management Limited and The Capital Group. Financial details of Aduva's C round of investment capital were not disclosed. Aduva is an international provider of provisioning and configuration management software that significantly reduces support costs and maximizes reliability of Linux systems. Linux is a free, open source operating system operating system (OS) Software that controls the operation of a computer, directs the input and output of data, keeps track of files, and controls the processing of computer programs. but it can be costly and complicated to operate. Backed by the industry's most extensive automated Linux certification laboratory, Aduva Director facilitates transparent remote deployment and management of thousands of dissimilar Linux systems from a central location. "There is a pressing need for quality Linux system management in the marketplace and the investment from BMC (BMC Software, Inc., Houston, TX, www.bmc.com) A leading supplier of software that supports and improves the availability, performance, and recovery of applications in complex computing environments. and the Intel 64 Fund will help enhance our development of solutions to meet this need," said Azi Cohen cohen or kohen (Hebrew: “priest”) Jewish priest descended from Zadok (a descendant of Aaron), priest at the First Temple of Jerusalem. The biblical priesthood was hereditary and male. , Aduva chief executive officer. "The Linux market is experiencing consistent growth but is still operating short of its vast potential. A primary constraint is the significant cost and effort necessary to make systems operate at optimal levels. Aduva's solutions effectively fill this market gap and help remove this impediment to Linux expansion." BMC Software will accompany the investment with an OEM (Original Equipment Manufacturer) The rebranding of equipment and selling it. The term initially referred to the company that made the products (the "original" manufacturer), but eventually became widely used to refer to the organization that buys the products and relationship with Aduva that includes both existing and new products that are jointly developed. BMC Software will gain the rights to package and resell Aduva's Linux products including jointly developed products for the IBM zSeries. "BMC's investment in Aduva puts us in a unique position in the Linux market to deliver solutions to our customers early in the deployment cycle," said Calvin Guidry, vice president and general manager, Enterprise Server Management, BMC Software. "This strategic relationship allows BMC to expand upon its comprehensive solutions for Linux management by leveraging Aduva's technology to better address Linux deployment, server consolidation and management needs." The Intel 64 Fund investment in Aduva, Inc. was made in support of Aduva's commitment to develop an optimized version of its Aduva Director for Intel's upcoming IA-64 product family, beginning with the Intel(R) Itanium(TM) processor. "The Intel 64 Fund invested in Aduva in support of its commitment to develop solutions for the Intel(R) Itanium(TM) architecture in the area of systems management," said Steve Chase, director of Business and Communications Solutions, Intel EMEA (Europe, Middle East, Africa) Refers to that region of the world. For example, one might see products packaged differently for the UK, EMEA and Asia Pacific markets. . About Aduva Aduva is the leader in network-based, automated system management solutions. Aduva reduces the time and effort required in successfully maintaining and supporting complex Linux installations for Enterprise users and Linux support organizations. Aduva possesses the industry's most complete body of knowledge about Linux component information and has developed an extremely effective methodology for deploying that knowledge. Aduva helps customers maximize system reliability and reduce costs. For more information about Aduva's Linux management solutions, visit its World Wide Web site at http://www.aduva.com. About BMC BMC Software, Inc. (NYSE NYSE See: New York Stock Exchange :BMC) is the leading provider of enterprise management solutions. Through its Assuring Business Availability(R) approach, BMC Software delivers control over infrastructure management costs, control of market advantage and differentiation via service management, and growth of business value with solutions for business optimization. BMC Software is a member of the S&P 500, with fiscal year 2001 revenues exceeding $1.5 billion and offices worldwide. For more information, please visit the BMC Software Web site at http://www.bmc.com. About the Intel 64 Fund The Intel 64 Fund is a quarter billion dollar equity fund that invests in emerging technologies for next-generation servers and workstations utilizing Intel's IA-64 architecture. The Fund is coordinated by Intel with Compaq, Dell, HP, Intel, NEC (NEC Corporation, Tokyo, www.nec.com, www.necus.com) An electronics conglomerate known in the U.S. for its monitors. In Japan, it had the lion's share of the PC market until the late 1990s (see PC 98). NEC was founded in Tokyo in 1899 as Nippon Electric Company, Ltd. , and SGI (SGI, Sunnyvale, CA, www.sgi.com) A manufacturer of workstations and servers, founded in 1982 by Jim Clark. The company was founded as Silicon Graphics, Inc., but changed to its acronym in 1999. as co-investors. The Fund's other investors, managed by Morgan Stanley Dean Witter, include Bank of America
Bank of America (NYSE: BAC TYO: 8648 ) is the largest commercial bank in the United States in terms of deposits, and the largest company of its kind in the world. , The Boeing Company, Circuit City, Enron, Ford Motor Company, General Electric, GlaxoSmithKline, McKessonHBOC, Morgan Stanley Dean Witter, Reuters, Sabre, Sumitomo Corp., SunAmerica and Telmex. Additional information about the Intel 64 Fund is available at http://www.intel64fund.com. |
|
||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion