Kaseya Acquires Zyrion

LAUSANNE, SWITZERLAND – July 9, 2013 – Kaseya®, a leading provider of IT service management software, today announced the acquisition of Zyrion, Inc., a leading provider of cloud and IT service monitoring software solutions. Terms of the agreement are undisclosed.

Zyrion provides the management and monitoring of IT services using ITIL-based Business Service Management (BSM) technology for distributed and complex data center environments. The combination of this technology with the Kaseya award-winning family of IT service management solutions, provides customers – for the first time – with a complete view of all business services and gives them the ability to manage both private and public clouds. With the acquisition, Kaseya has significantly strengthened its BSM platform, providing easy, sophisticated remediation to quickly pinpoint, address and resolve any network problem.

“We see significant demand from the industry for the ability to proactively and easily monitor new IT environments, including cloud and virtualization. Moreover, monitoring and managing the entire IT infrastructure from a business service view is extremely powerful in these hybrid environments. We believe Zyrion has built a market-leading product to meet this demand. The combination of these best of breed technologies will dramatically increase the value proposition for customers and will further drive Kaseya’s growth and success,” said Yogesh Gupta, CEO of Kaseya.

“With strong support across the infrastructure, Zyrion has evolved to deliver richly diverse capabilities for application monitoring, and is the industry’s single most pragmatic approach to service modeling bar none. The combined company offers a very compelling solution to organizations looking for business service monitoring and management within a complementary automated IT management platform,” said Dennis Drogseth, vice president, Enterprise Management Associates. “Zyrion’s focus on BSM interdependencies strongly complements Kaseya’s unique strengths in systems management and IT service management and will help propel Kaseya into becoming a more fully dimensional service management solution provider.”

“Kaseya has a strong and respected presence and history in the IT Infrastructure software space. The Zyrion Traverse monitoring solution is very complementary to Kaseya solutions and the combination will provide one of the strongest Cloud and IT management solutions in the industry,” said Vikas Aggarwal, founder and CEO of Zyrion. “All of Zyrion’s management and staff will join the Kaseya team as part of this acquisition and continue to work on integrating the Traverse solution with the Kaseya platform.”

“We’re ecstatic about the news; I couldn’t be happier. We leverage both Kaseya and Zyrion to offer MSP services to our customers. We recently added Zyrion Traverse to our solutions portfolio due to its strong enterprise level cloud and network monitoring features. Now with the combination of Zyion and the Kaseya platform, we have a great opportunity to capture the mid-market,” said Brian Miller, president of United Technology Group (UTG), one of the nation’s fastest growing MSPs.

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About Kaseya

Kaseya® is the leading provider of complete IT Infrastructure Management Solutions for managed service providers (MSPs) and internal IT organizations. Through its open platform and customer-centric approach, Kaseya delivers best in breed technologies that allow organizations to efficiently manage, secure, and backup IT. Kaseya IT Complete is the most comprehensive, integrated IT management platform comprised of industry-leading solutions from Kaseya, Unitrends, Rapidfire Tools, Spanning Cloud Apps, IT Glue and ID Agent. The platform empowers businesses to: command all of IT centrally; easily manage remote and distributed environments; simplify backup and disaster recovery; safeguard against cybersecurity attacks; effectively manage compliance and network assets; streamline IT documentation, and automate across IT management functions. Headquartered in Dublin, Ireland, Kaseya is privately held with a presence in over 20 countries. To learn more, visit www.kaseya.com.