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Turbonomic Acquires Software Firm SevOne
Friday 08 November 2019

8 November 2019 - Boston, US-based application resource management company Turbonomic has acquired Boston-based software firm SevOne, the company said.
Terms of the transaction were not disclosed.
The acquisition enables Turbonomic and SevOne to deliver customers with application performance that is simple, scalable and self-managing.
SevOne's platform enables the world's largest and most complex networks to be agile, reliable and more efficient. It provides operational insight with speed at scale through a highly distributed, patented architecture.
Turbonomic Application Resource Management continuously assures that applications get precisely the resources needed to ensure performance and lower cost while maintaining policy compliance.
Turbonomic is a software company, backed by leading venture firms including Bain Capital Ventures, General Atlantic, Globespan Capital Partners, Highland Capital Partners and Iconiq Capital.
SevOne provides modern monitoring and analytics solutions that large organisations need to monitor their networks.
SevOne simplifies the extraction and enrichment of metric, flow, log and streaming telemetry data across multi-vendor networks enabling enterprises, carriers and managed services providers to ensure optimal network visibility and performance.
Date Published: 08/11/2019
Target: SevOne
Country: USA
Sector: Computer Software
Type: Corporate acquisition
Status: Closed
Buyer: Turbonomic
Terms of the deal were not disclosed