LANDesk Bought by Private Equity Firm
IT Management vendor LANDesk has sold by Emerson to a private equity firm.
Brief History
- Founded 1985
- Acquired by Intel to form Intel LANDesk from 1991 to 2002
- 2002 – 2006 Standalone Company
- 2006 – Acquired by Avocent (Datacenter tools, KVM etc)
- 2008 – Avocent Acquired Touchpaper (ITSM)
- 2008 – Acquired by Emerson (Energy, Manufacturing, Technology)
- 2010 – Bought by Thoma Bravo
The Thoma Bravo software portfolio also includes Flexera Software. A mashup of LANDesk (which includes Touchpaper) and Flexera (which includes Managesoft) would make quite a powerhouse.
The word on the street in the UK channel is that it’s very much business as usual and no significant structural changes are planned. Keep calm and carry on.
I see this being a good move for LANDesk. Emerson is an über-conglomerate with fingers in all sorts of pies. The LANDesk division, despite being a key player in the IT Management space, was probably just background noise within the Emerson portfolio.
Press Release
LANDesk
Thoma Bravo
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- Tags: Avocent LANDesk
About Martin Thompson
Martin is owner and founder of The ITAM Review, an online resource for worldwide ITAM professionals. The ITAM Review is best known for its weekly newsletter of all the latest industry updates, LISA training platform, Excellence Awards and conferences in UK, USA and Australia.
Martin is also the founder of ITAM Forum, a not-for-profit trade body for the ITAM industry created to raise the profile of the profession and bring an organisational certification to market. On a voluntary basis Martin is a contributor to ISO WG21 which develops the ITAM International Standard ISO/IEC 19770.
He is also the author of the book "Practical ITAM - The essential guide for IT Asset Managers", a book that describes how to get started and make a difference in the field of IT Asset Management. In addition, Martin developed the PITAM training course and certification.
Prior to founding the ITAM Review in 2008 Martin worked for Centennial Software (Ivanti), Silicon Graphics, CA Technologies and Computer 2000 (Tech Data).
When not working, Martin likes to Ski, Hike, Motorbike and spend time with his young family.
Connect with Martin on LinkedIn.
Martin is also the founder of ITAM Forum, a not-for-profit trade body for the ITAM industry created to raise the profile of the profession and bring an organisational certification to market. On a voluntary basis Martin is a contributor to ISO WG21 which develops the ITAM International Standard ISO/IEC 19770.
He is also the author of the book "Practical ITAM - The essential guide for IT Asset Managers", a book that describes how to get started and make a difference in the field of IT Asset Management. In addition, Martin developed the PITAM training course and certification.
Prior to founding the ITAM Review in 2008 Martin worked for Centennial Software (Ivanti), Silicon Graphics, CA Technologies and Computer 2000 (Tech Data).
When not working, Martin likes to Ski, Hike, Motorbike and spend time with his young family.
Connect with Martin on LinkedIn.
So what do you think Thoma Broavo’s exit strategy will be?
Good question. I have no idea 🙂
To sell their stake in 2015 for more than they paid for it?