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Brier Dudley offers a critical look at technology and business issues affecting the Northwest.

April 27, 2006 at 2:16 PM

AttachmateWRQ bulking up

In a deal valued about $495 million, AttachmateWRQ today is acquiring NetIQ, a publicly traded IT management systems company based in San Jose, Calif.

The deal comes just a year after Attachmate and WRQ merged, and a year and half after privately held WRQ sold itself to a group of Bay Area investment firms.

NetIQ produces security management technology, tools that companies use to be sure they’re following safe IT practices and managing service levels and risk. It gives AttachmateWRQ a broader lineup of enterprise software.

But the real motivation may be to give AttachmateWRQ the heft it needs to attract additional investors and perhaps go public. The announcement didn’t say this, but it pointed out the size of the combined company:

“Together, AttachmateWRQ and NetIQ comprise a $400 million company, serving over 40,000 customers in over 60 countries, with near complete market penetration of the Global 10,000,” it said. “AttachmateWRQ, with NetIQ, is uniquely prepared to provide mission-critical enterprise software that enables customers to extend, manage and secure their IT infrastructures.”

Comments | More in | Topics: Enterprise

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