Novell to Acquire Tally Systems Corp.
Leading asset management company to expand Novell's award-winning ZENworks Suite
SALT LAKE CITY (BrainShare 2005) March 23, 2005 Novell today announced it has signed a definitive agreement to acquire Tally Systems Corp. of Lebanon, N.H., a leading expert in IT asset management solutions, to expand its Novell ZENworks systems management offering. Tally Systems offers a set of integrated tools with discovery and inventory, license management, and software usage and trend analysis capabilities. As a result, customers benefit from a powerful management platform to track systems, information and assets across the enterprise, as well as enable compliance with software licenses and government regulations, such as the Sarbanes Oxley Act.
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Novell expects to close the transaction by the middle of April. Terms of the transaction were not disclosed.
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output functions. Access To acquire data into a computer system, typically from a storage device or from an input device. Access Time The amount of time that is required to acquire a block of data from a storage device and read it into the computer system.
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The regulatory compliance necessary in today's business environment demands accurate tracking and reporting of IT assets, said Novell Chairman and CEO Jack Messman. Bringing together Tally Systems' asset management with Novell's change and configuration management gives companies a powerful method of ensuring compliance, reducing software costs and preparing for software audits.
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year career in sales and marketing with Hewlett Packard and Apollo Computer. He is a graduate of MIT with a bachelor's degree in electrical engineering and computer science and has an MBA from the Harvard Business School. Bill is currently on the boards of Lumigent, Red Hat, and WildTangent. He previously served on the boards of Alias Research (acquired by SGI), Avid Technology, CheckFree, Clarus, Course Technology (acquired by Thomson), Gateway Design Automation (acquired by Cadence), Mainspring Communications (acquired by IBM), MapInfo, Open Market (acquired by divine), Raptor Systems (acquired by Axent, now part of Symantec), Reflectent (acquired by Citrix), SightPath (acquired by Cisco), Spyglass (acquired by Open TV), Student Advantage and Tenth Planet (now part of Mattel).
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Tally Systems President and CEO Ted Jastrzembski said, Novell's acquisition of Tally Systems brings together industry-leading resource management and asset management technologies. We're delighted to join the Novell family and bring even more value to Novell's customers.
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About ZENworks
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The award-winning Novell ZENworks 7 Suite, announced March 21, 2005, provides a comprehensive set of integrated tools that automate IT management processes across the lifecycle of desktops, laptops, servers and handhelds. It is the first systems management solution that allows organizations to manage their Windows* workstations from a Linux* platform.It is also the first solution to automate the complete lifecycle of Linux systems.
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About Novell
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Novell, Inc. (Nasdaq: NOVL) is a leading provider of infrastructure software and services to over 50,000 customers in 43 countries. With more than 20 years of experience in data center, workgroup and desktop solutions, Novell's 6,000 employees, 5,000 partners and support centers around the world are meeting customer requirements for identity-driven computing and Linux solutions. By providing enterprise-class software and support for commercial and open source software, Novell delivers increased operating flexibility and choice at a lower total cost of ownership. More information about Novell can be found at http://www.novell.com
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Novell and ZENworks are registered trademarks and BrainShare is a registered service mark of Novell, Inc. in the United States and other countries. *All third-party trademarks are the property of their respective owners.
