Net Apps buy WebManage

Net Apps buy WebManage

In a move aimed at bolstering its Internet software offerings Network Appliance (Net Apps) has acquired WebManage Technologies for $US75 million.

The acquisition, which will be paid for with common stock, assumed options and cash, sees Net Apps bring content management, distribution and analysis software into the vendor's stable.

The privately held WebManage develops software that distributes content between various points on the Internet and enables organisations to plan, manage, and deliver predictable Internet services Net Apps said in a release last week.

The acquisition will be accounted for using purchase accounting and is expected to close during the current fiscal quarter.

"WebManage will enable enterprise and service provider customers to build content delivery networks (CDNs) that improve access to information throughout their networks," Dan Warmenhoven, CEO of Net Apps, said.

Michael Bosch, managing director of Net Apps in Australia, claims the acquisition will definitely have an influence on the company's local channel partners.

"I'd certainly say so," said Bosch. "It really helps spread the umbrella of our offerings into the Web management and content management space."

Bosch claims the Australian channel is likely to begin seeing new product offerings as a result of the acquisition in six weeks.

"We're looking to get this going here as soon as possible," Bosch said.

Bosch claims Net Apps is always on the lookout for channels which add value to the vendor's offerings. Likewise, with this acquisition Net Apps has the opportunity to return the favour, and, according to Bosch, offer its partners a larger range of products to resell.

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