The trend to wed systems management and security has spurred the acquisition of privately held security management...
vendor Pedestal Software Inc. by Altiris Inc. for $65 million on Wednesday.
Pedestal Software, Newton, Mass., makes audit and
Many systems management vendors, such as NetIQ Corp., San Jose, Calif., and BindView Corp., Houston, Texas, are developing products to help companies manage and monitor systems to ensure compliance with a gamut of regulations -- or to fix systems that are not in compliance, said Charles Kolodgy, an analyst at International Data Corp., a Framingham, Mass., market research firm.
The ability to combine features that fix out-of-compliance software and change management features are important to customers, Kolodgy said.
"Altiris is probably getting pressure from systems management vendors who have strong security components," Kolodgy said. "Most of the products in this space are not integrated; rather, they complement each other. It's the task of the vendor to make the convergence of systems management and security seamless."
Altiris executives said the company will immediately begin integrating Pedestal's products into its partner and distribution channels, and then scale the business in the second half of the year.
Kolodgy said Pedestal Software had about $3 million in revenues in 2003 and about 50 employees in 2004.