FLEXnet and InstallShield product family moves to Acresso Software
1 April 2008
The FLEXnet and InstallShield product family, used by a large proportion of software pubishers world-wide for their software installation solutions, have have been acquired by Acresso Software.
Formerly owned by Macrovision Corporation, and operated under Macrovision Corporation's Software Business Unit, the FLEXnet and InstallShield product families were acquired by Thoma Bravo, a private equity investment firm, for approximately US$200 million.
The acquisition results in the formation of a standalone company named Acresso Software.
"Acresso Software is being launched today on the foundation of two strong product franchises in InstallShield and Flexnet software with 60,000 installed customers, deployed on 500 million desktops around the world." said Mark Bishof, CEO of Acresso Software.
"We have a world-class investment partner in Thoma Bravo, an experienced, energized management team, and employees dedicated to building a world-class software business singularly focused on making our customers successful. We are open for business and extremely excited about the future of Acresso Software," he said.
The FLEXnet and InstallShield family of products enable independent software vendors (ISV's) to manage entitlements, software licensing, compliance, installation, and electronic software delivery.
Acresso Software's website is http://www.acresso.com.
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