Kaseya Acquires Zyrion

LAUSANNE, SWITZERLAND--(Marketwired - Jul 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 Zyrion 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 Zyrion, Inc.
Zyrion is the leading provider of integrated Cloud and IT infrastructure monitoring software using ITIL Business Service Management (BSM) technology for providing correlated, service-oriented views of the entire cloud, application and network. Zyrion offers the most scalable monitoring solution in the industry for distributed and complex datacenter environments. Zyrion's Cloud and Network monitoring solution is used by large Service Providers (MSPs) and Fortune-100 clients worldwide. Customers include Cisco Systems, General Dynamics, Sony PlayStation, and others. Zyrion has its corporate offices in Sunnyvale, California. For more information, visit www.zyrion.com.

About Kaseya
Kaseya is a leading global provider of IT service management software. They are the industry's only vendor to provide a complete IT service management cloud solution, along with an on-premises solution built on the same core technology. Kaseya solutions are in use by more than 10,000 worldwide customers. Their technology empowers any sized IT operation -- from individual IT professionals at small-to-medium sized businesses to large corporations and IT service providers -- to proactively manage and control IT assets remotely, easily and efficiently from one integrated Web-based platform. Kaseya solutions are used in a wide variety of industries, from healthcare to education, finance, government and more. The company is privately held with over 30 offices in 23 countries. To learn more, please visit http://www.kaseya.com.

Zyrion, Traverse, Kaseya; the Kaseya k-bug logo; are among the trademarks or registered trademarks owned by or licensed to Kaseya International Limited and/or its affiliates. Other trademarks are the property of their respective owners.