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Wednesday, November 16, 2011 | (comments: 2)
Today, we announce our acquisition by Quest Software (NASDQ: QSFT). VKernel will continue to operate as an independent subsidiary of Quest, building, selling and marketing the same award-winning performance and capacity management solutions that we have in the past. We are excited to be a subsidiary of Quest and as I will outline below, believe this is a big win for our customers, potential new customers, partners and employees. But beyond today’s announcement, it will be business as usual for VKernel, except the new VKernel will be turbo-charged with the backing of Quest. This turbo-charging has been enabled by our product and market success and will carry us to a new stage of accelerated growth.
First, for our current customers, nothing changes. The same team that has built, sold, and supported your products is still here. In fact, we are continuing to expand and hire in development, QA, sales, and support. Our next release will be coming out in a few weeks and Eric Jackson, our VP of Product Development, will be briefing you on great new features we have in store. The main difference for our customers is that we now have the financial backing and support of a publicly traded company.
For new customers of VKernel, becoming a Quest subsidiary means VKernel is now part of the leader in virtualization management. Vkernel's solutions will continue to provide powerful, simple to use virtualization management solutions that ensure the performance and reduce the costs of virtual infrastructures and cloud environments. Going forward, we are now in a position to leverage Quest’s expertise in application performance management to continue the creation of credible alternatives to VMware vCenter Operations. Our combined products not only support multiple hypervisor types, but also provide visibility into both physical and virtual systems. While we are not discussing product roadmaps at this time, the possibilities are intriguing.
VKernel partners will continue to work with our sales team selling our industry leading performance and capacity management products. If you are a current VKernel partner, we will be briefing you in the coming weeks about our upcoming release. We will continue to invest in our partner program with you.
Finally, as employees of VKernel, joining the Quest family of companies is great news. As a subsidiary of Quest, we can gain access to critical infrastructure for growth. To support our team’s expansion, we are currently renovating a new headquarters in downtown Boston and we expect to move in during Q1. The added space and headcount will help us move faster into what is a rapidly expanding market.
So who isn't excited about this announcement? Well our competitors! VKernel just got the backing of an industry leader in virtualization. Industry consolidation leaves winners and losers in the marketplace. We are happy to be on the winning team.
Bryan Semple
CMO
VKernel
P.S. The best way to experience VKernel is to download our vOperations Suite for yourself.
Add a comment
Comment by Scott Drummonds | 11/16/2011
Congratulations to you and your team, Bryan.
Comment by Anton Gostev | 11/17/2011
In fact, your competitors are extremely excited about this. Everyone who has been in the software market for more than a few years knows very well what happens to companies when Quest acquires them. Get real.