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Tuesday, October 14, 2008

Novell to Acquire Managed Objects

Novell to Acquire Managed Objects


WALTHAM, Mass. -- Oct. 14, 2008 -- Novell today announced a definitive agreement to acquire the business service management leader Managed Objects. The acquisition will extend Novell's portfolio of data center solutions by adding tools to provide a unified view of all information and workloads. As a result, both IT and business managers will have improved visibility into how their information systems deliver business services across physical and virtual environments, so managers can make better decisions to ensure availability and quality of service while improving agility and lowering the total cost of data center management.


"The acquisition of Managed Objects by Novell illustrates Novell's commitment to an expanded management strategy and makes them a strong competitor in the service management market," said Tim Grieser, program vice president, enterprise system management Software, IDC. "Managed Objects is a recognized player in BSM and has a proven track record with some of the largest companies in the world. With Managed Objects, Novell can more easily have business conversations in the data center with CIO's, line of business managers, and key business stakeholders. This new service management focus represents a step in the right direction for Novell and adds significant credibility to Managed Objects customers that may have had concern about a smaller company."


The Managed Objects products complement and extend Novell's existing workload management and virtualization solutions by adding flexible service modeling, leading Configuration Management Data Base (CMDB) technology, advanced analytics and unique Web 2.0-based visualization technology. Customers can extract IT configuration and workload information in near real-time into a robust CMDB, model how the IT configuration provides business services, and then generate visualizations and dashboards that dynamically show how IT aligns to business services. By providing a single view of data center workloads across any physical or virtual environment, system administrators can understand and respond to issues in a business context reactively, pro-actively, or automatically.


"This acquisition extends Novell's strategy of making IT work as one in the data center," said Joe Wagner, senior vice president of systems and resource management at Novell. "The Managed Objects products are very complementary to our existing management and virtualization capabilities. By adding the Managed Objects toolset to the Novell(R) portfolio of data center solutions, we are unique in providing technology-agnostic and proven cross-platform solutions that span both the physical and virtual worlds - all in one unified view."


“Novell and Managed Objects are a natural fit because they share a common ideology for openness and vendor neutrality,” said Siki Giunta, president and CEO of Managed Objects. “There is very little product overlap and tremendous synergy between the two companies and our respective technology, which is great news for our customers and the market at large.”


Acquisition Overview

Novell will acquire Managed Objects for an undisclosed sum using current cash. The acquisition is expected to close during Novell's first fiscal quarter 2009 subject to the satisfaction of closing conditions. Managed Objects will be fully integrated into Novell's Systems and Resource Management business unit.


About Novell

Novell, Inc. (Nasdaq: NOVL) delivers the best engineered, most interoperable Linux platform and a portfolio of integrated IT management software that helps customers around the world reduce cost, complexity and risk. With our infrastructure software and ecosystem of partnerships, Novell harmoniously integrates mixed IT environments, allowing people and technology to work as one. For more information, visit www.novell.com .

Legal Notice Regarding Forward-Looking Statements

This press release includes statements that are not historical in nature and that may be characterized as “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act, including those related to future financial and operating results, future opportunities, the benefits and synergies of the company's brands, strategies and acquisitions, and the growth of the market for Systems and Resource Management, Identity and Access Management, and Linux* Platform Products. You should be aware that Novell's actual results could differ materially from those contained in the forward-looking statements, which are based on current expectations of Novell management and are subject to a number of risks and uncertainties, including, but not limited to, Novell's completion of announced acquisitions, Novell's ability to transform its business through the implementation of its strategic plan, Novell's ability to realize the benefits anticipated from the Microsoft transaction and other transactions, Novell's ability to realize the benefits anticipated from its restructuring plan, and the expected charges to be incurred and payments to be made under the restructuring plan, Novell's ability to achieve its expense targets, Novell's success in executing its Linux Platform Products, Identity and Access Management, and Systems and Resource Management strategies, Novell's ability to take a competitive position in the Linux Platform Products, Identity and Access Management, and Systems and Resource Management industries, business conditions and the general economy, market opportunities, potential new business strategies, competitive factors, sales and marketing execution, shifts in technologies or market demand, Novell's ability to integrate acquired operations and employees, and the other factors described in Novell's Annual Report on Form 10-K filed with the Securities and Exchange Commission on Dec. 21, 2007. Novell disclaims any intention or obligation to update any forward-looking statements as a result of developments occurring after the date of this press release except as required by the securities laws.


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Press Contacts:

Ian Bruce

Novell

(781) 464-8034

ibruce@novell.com 


Gene Carozza/Kim Baker

PAN Communications

(978) 474-1900

novell@pancomm.com


Investor Relations Contact:

Susan Walker White

Novell

(781) 464-8525

swhite@novell.com


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