HAMILTON, BERMUDA--(Marketwire - Sep 24, 2012) - Stratus Technologies Bermuda Holdings Ltd. today announced that its wholly-owned subsidiaries Stratus Technologies Bermuda Ltd., and Stratus Technologies Inc., acquired the assets of Marathon Technologies Corporation, a privately held developer of application availability solutions based in Littleton, MA, including all of the intellectual property used in Marathon products. Stratus Technologies, Inc., with headquarters at 111 Powdermill Rd., Maynard, MA is a global provider of products and services focused on protecting critical applications from system downtime.
The addition of the Marathon everRun® line, including Marathon everRun MX, the world's first software-based, fault tolerant solution to support multi-core/multi-processor Microsoft applications, further solidifies Stratus's position as the leading provider of availability solutions. As a result of the acquisition, Stratus will benefit from an expanded partner ecosystem, a broader software portfolio, and a larger and more diverse customer base.
These transactions, together with recent product introductions by Stratus, represent another milestone in its long-term strategy: moving beyond uptime for computing platforms to providing comprehensive enterprise business continuity through simple to use, cost-effective solutions for application availability and disaster recovery services.
With an emphasis on software-based initiatives, Stratus will continue to push the boundaries of IT systems availability, delivering an expanded portfolio of enterprise solutions, while dramatically improving the affordability and accessibility of fault-tolerant computing. With its full complement of availability solutions, the company increases its addressable market, and extends even further into virtualization and private cloud-computing implementations.
"The Marathon everRun portfolio and the Stratus hardware and software offerings comprise the most complete set of availability solutions ever offered by our industry. There is virtually no requirement for uptime we cannot meet," said David C. Laurello, Stratus Chairman and CEO. "By adding software fault tolerance and increasing the size of Stratus's software business through this acquisition, we have accelerated our ability to deliver a total software solution to the marketplace."
"Marathon has been a strong and productive Citrix partner," said Andy Cohen, VP of Strategic Development and Investments, Citrix. "Marathon everRun MX, which is built on Citrix XenServer, now becomes part of a larger group of technology innovators who are committed to application availability and customer satisfaction."
The employees of Marathon in the U.S., U.K., and Japan will be offered employment with Stratus. The majority of these employees are based at the Littleton, MA headquarters.
A Marathon Technologies fact sheet is available at www.stratus.com/marathon-fact-sheet
A Stratus Technologies fact sheet is available at www.stratus.com/stratus-fact-sheet
About Stratus Technologies
Stratus delivers the world's only proactive availability guarantee for the platforms that run the most vital functions of commerce, manufacturing, government, financial services, and healthcare. Combining patented software and hardware technologies with 30 years of unparalleled remote monitoring and management expertise for availability, Stratus helps save lives and protect the business and reputations of companies, institutions, and governments the world over. To learn more about worry-free computing, visit www.stratus.com.
(C) 2012 Stratus Technologies Bermuda Ltd. All rights reserved.
Stratus, ftServer and everRun are registered trademarks of Stratus Technologies Bermuda Ltd. The Stratus Technologies logo is a trademark of Stratus Technologies Bermuda Ltd. All other marks are the property of their respective owners.
Contact Information:
Contacts:
Ken Donoghue
Stratus Technologies
978-461-7269
ken.donoghue@stratus.com
www.stratus.com