Thoma Bravo, LLC, a private equity investment firm, has entered into a definitive agreement to acquire Empirix (News - Alert) Inc.
Empirix is a major player in end-to-end network performance visibility with the unique ability to analyze customer behaviors, by application, in real-time, through an unique approach to enabling the build-out of the Service Operations Center model.
Empirix helps service providers, mobile operators, contact centers and businesses master complexities to drive improvements in customer experience and user satisfaction.
Through testing, monitoring, analytics and intelligence, Empirix helps companies around the world maximize their technology investments while reducing implementation and customer impact risks
The Empirix customer base consists of top communication service providers, mobile operators, banks, insurance and healthcare companies.
“Empirix is a clear leader in the field of service assurance and network management,” said Robert Sayle, principal, Thoma Bravo, in a statement.
“We are very excited about this partnership,” said Sayle.
Seth Boro, managing partner, Thoma Bravo said that the company offers a unique ability to analyze customer behaviors by application in real time.
“Its products, strategy and leadership have positioned it for success, and we look forward to accelerating that success through organic growth and strategic acquisition opportunities,” said Boro.
Thoma Bravo invests across multiple industries, with a particular focus on application and infrastructure software and financial and business services. The firm currently manages a series of private equity funds representing more than $4 billion of equity commitment
“Empirix has experienced significant growth in the past several years as companies strive to better manage and transform complex communications systems and the business objectives they support,” said John D’Anna, the chief executive officer, Empirix.
D’Anna said that the resources of Thoma Bravo will strengthen the company’s position to meet the customer’s glaring need for next-gen technology, while the company rapidly completes its plan to bridge applications and network monitoring for both the enterprise and service provider markets.
Earlier in August, Thoma Bravo, LLC had announced that it has completed acquisition of Keynote Systems (News - Alert), Inc., the global player in Internet and mobile cloud testing and monitoring, for $20 per share, or approximately $395 million.
Edited by Ryan Sartor