Monday, October 28, 2013

Metalogix Buys Idera’s SharePoint Business

<p>Two months after acquiring Axceler's SharePoint tools business, major Microsoft ISV Metalogix last week said it has acquired Idera's SharePoint arm for an undisclosed amount.</p><p>The move is aimed at bolstering Metalogix's backup and recovery software for SharePoint administrators with Idera's monitoring and diagnostic tools.</p><p>Metalogix CEO Steve Murphy has had his sights on Idera's tools business for two years, he said in an interview. He said he convinced Idera to sell, letting the company use the proceeds for Idera's more lucrative SQL Server tools business.</p><p>Though terms of the deal were not disclosed, it doesn't seem that Metalogix intends to expand into offering SQL Server tools. Rather, Murphy's key objective was to challenge AvePoint for leadership in the SharePoint administration market.</p><p><a href="http://rcpmag.com/articles/2013/10/28/metalogix-buys-idera-sharepoint-business.aspx">Keep reading...</a></p>

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