Novell Buys Managed Objects

Wade Roush10/14/08

Waltham, MA-based Novell said today that it will acquire McLean, VA-based Managed Objects for an undisclosed cash sum. Managed Objects makes “business service management” software that monitors the performance of corporate IT systems. Novell said in a statement that the acquisition would “complement and extend Novell’s existing workload management and virtualization solutions by adding flexible service modeling, leading Configuration Management Data Base (CMDB) technology, advanced analytics and unique Web 2.0-based visualization technology.”

Wade Roush is Xconomy's chief correspondent and editor of Xconomy San Francisco. You can e-mail him at wroush@xconomy.com or follow him on Twitter at twitter.com/wroush.