Deals

Opsware, data center company, buys iConclude for $53M

Opsware, the publicly traded data center company fouded by Marc Andreessen, has agreed to acquire iConclude, an IT process automation software company, for about $53 million.

Opsware, which specializes in automating corporate data centers, said it has would pay $30 million in cash and 3.39 million in shares, which makes the transaction worth about $53 million, based on its current stock price. IConclude is based in Bellevue, Wash.

According to the Opsware statement:

iConclude’s software orchestrates the complex operational tasks necessary to run data centers. It has been adopted by leading companies such as ACS, Alaska Airlines, Glaxo Smith Kline, Halliburton, NYK Logistics, and Sharp Healthcare.

Because iConclude’s software readily adapts to customers’ existing processes and infrastructure, it greatly simplifies and accelerates the task of automating IT. The software is extremely flexible and tailors easily to customers’ existing procedures. It uses a visually intuitive “drag and drop” graphical user interface to build process maps that orchestrate the interaction between different tasks, different users, and different systems. Most of the complexity is hidden behind the scenes and taken care of by the software. In addition, the software provides the “glue” that binds ticketing, asset management, source control, monitoring, and the full range of operations software from heterogeneous vendors that IT departments use.