12.07.2010 15:00:00
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Quest Software Acquires Völcker Informatik AG to Bolster Identity and Access Management Solutions
Quest Software, Inc. (Nasdaq: QSFT) today announced the acquisition of Germany-based Völcker Informatik AG, a privately held identity management solutions provider specializing in the management of user identities, access privileges and security across multiple applications and systems. The acquisition further extends the Quest® One Identity Solution product portfolio, adding stronger user and resource provisioning, self-service and workflow capabilities to an already robust set of tools and technology that simplify identity and access management (IAM). The acquisition marks an important step forward for Quest as one of the leading providers of IAM solutions.
"IAM ensures appropriate access to resources across heterogeneous technology environments,” writes co-author Ant Allan, research vice president, Gartner. "This is a crucial and increasingly business-aligned undertaking for any enterprise — particularly due to increasingly rigorous compliance requirements — and requires business skills, not just technical expertise. Enterprises that develop mature IAM capabilities can reduce the cost of managing users' identities and entitlements and, more importantly, become more agile in supporting new business initiatives and contributing to profitability.” 1
Quest One simplifies IAM by consolidating directories, unifying identities around an organization’s existing investments, and automating administrative tasks, thereby increasing security and ensuring compliance. ActiveEntry from Völcker extends this efficiency, security and compliance to the entire range of systems, platforms and applications across the enterprise. Unlike other Identity Management solutions on the market today, which can be difficult to install and often require up to 90% custom coding, Active Entry can be used out-of-the-box already 90% configured. With this dramatic advancement in the technology, Quest delivers a business-centric identity management solution, making management of the identity lifecycle less complex and more affordable than traditional solutions, while maintaining the levels of compliance and security organizations demand.
"For a variety of reasons, many organizations have been unable to implement identity and access management through a traditional framework solution,” said Doug Garn, CEO and president, Quest Software. "The launch of Quest One in 2008 gave organizations a simplified approach to addressing key IAM challenges based on the Microsoft technology stack. The Völcker acquisition adds an extra dimension to the Quest One solution by providing the power, security and efficiency that organizations demand across their entire enterprise. This addresses the common barriers of cost, time and complexity typically associated with IAM.”
1 Gartner, Inc. "Key Issues for Identity and Access Management, 2010,” Gartner, Ant Allan and Gregg Kreizman, March 1, 2010.
About Quest Software, Inc.
Now more than ever, organizations need to work smart and improve efficiency. Quest Software creates and supports smart systems management products – helping our customers solve everyday IT challenges faster and easier. Our innovative solutions for application monitoring, database management, Windows management and virtualization management help customers achieve better results, faster. Visit http://www.quest.com for more information.
Quest and Quest Software are trademarks or registered trademarks of Quest Software, Inc. The Quest Software logo and all other Quest Software product or service names and slogans are registered trademarks or trademarks of Quest Software, Inc. All other trademarks and registered trademarks are property of their respective owners.
Forward Looking Statements:
This press release includes predictions, statements and other information relating to our acquisition of Völcker Informatik AG that might be considered forward-looking statements. These forward-looking statements relate, but are not limited, to the combination of Völcker technologies with Quest product offerings, the capabilities of such technologies and offerings and future benefits to Quest customers. These statements are based on current expectations and assumptions that are subject to risks and uncertainties. Actual results could differ materially from those anticipated as a result of various factors, including: reductions or delays in information technology spending; adverse changes in general economic or market conditions; our ability to successfully integrate Völcker personnel, products and technologies into Quest product offerings; risks associated with foreign operations; competitive factors, including industry consolidation, entry of new competitors into the IAM market, and new product and marketing initiatives by our competitors; our ability to retain existing personnel and recruit and retain qualified personnel; and other risks described from time to time in Quest’s filings with the SEC. For a discussion of these and other related risks, please refer to our recent SEC filings, including our Annual Report on Form 10-K for the year ended December 31, 2009, which are available on the SEC's website at www.sec.gov. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date thereof. We undertake no obligation to update forward-looking statements to reflect events or circumstances after the date thereof.
Web Links Referenced in this Release:
Quest Software, Inc.: www.quest.com
Völcker
Informatik AG: http://www.activeentry.com/en/dynasite.cfm?dsmid=97426
Quest
One Identity Solution: http://www.quest.com/identity-management/
Systems
management: http://www.quest.com
Application
monitoring: http://www.quest.com/application-monitoring
Database
management: http://www.quest.com/database-management
Windows
management: http://www.quest.com/windows-management
Virtualization
Management: http://www.quest.com/virtualization
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