Accedian Acquires Network and Application Management Company Performance Vision

Montreal (ots/PRNewswire) -

Acquisition brings a unified view into end-user digital
experience, network and application performance

Accedian (https://accedian.com/), the global end-to-end network
performance experts, today announced its acquisition of Performance
Vision (https://www.performancevision.com/), a leader in network and
application performance management (NPM/APM).

The acquisition is a natural complement to Accedian's performance
assurance portfolio, used by many of the largest communications
service providers worldwide. Performance Vision's technology brings
advanced end-user digital experience monitoring capabilities to
Accedian's existing customer base, while expanding its addressable
market to key enterprise segments including banking, insurance,
healthcare, manufacturing, and cloud services. Financial terms of the
deal were not disclosed.

Performance Vision's exceptional wire data analytics complements
Accedian's SkyLIGHT(TM) active monitoring platform
(https://accedian.com/solutions/skylight-platform/overview/),
bringing complete visibility of all applications, transactions, and
network components together, for the most complete view of network
health available. Actionable insight generated by analyzing all
traffic crossing physical, virtual, cloud and software-defined
network (SDN) infrastructure enables IT and network operations to
improve end-user digital experience, application, network, and
multi-cloud performance.

Commenting on the acquisition, Accedian CEO Patrick Ostiguy said,
"The combination of Performance Vision and Accedian creates a
proposition that is truly unique. There is no other company that is
able to offer this level of accuracy and granularity into how the
performance of the network and the applications running over it
impact the end-user digital experience, in real-time, for enterprises
of all sizes."

Unlike other solutions, the new combined Accedian / Performance
Vision platform is completely virtual. It unifies capabilities that
are normally distributed in a variety of different products and
solutions, reducing complexity and total cost of ownership (TCO).
Bringing network awareness to application monitoring-and vice
versa-means digital assets can be optimized to deliver the best
possible business outcome.

Performance Vision was founded in 2004. More than 400 enterprise
customers worldwide already use Performance Vision for their daily IT
operations, including global names such as KPMG, Orange, CGI, banking
leader BPCE, and government organizations including the French
Ministry of the Interior. An extensive list of partners use the
solution to provide IT services, while some host NPM/APM using
software as-a-service (SaaS).

"As virtualization and hybrid cloud applications continue to be
deployed at an accelerated pace, the interdependence of network and
application performance increases significantly," said Sergio Bea,
Vice President of Global Enterprise and Channels at Accedian. "The
ability to see the entire digital infrastructure uniformly-from
end-user to multiple data centers, clouds, and SaaS
applications-fills a visibility gap that otherwise threatens digital
transformation projects' success, speed, return on investment (ROI),
and business value."

"IDC predicts that enterprises will increase their spending on
network and application performance monitoring to USD$2.8 billion
worldwide in 2018," said Elisabeth Rainge, Research Vice President of
Communications Service Provider Operations at IDC. "The main driver
for this growth is digital transformation, which includes cloud-based
service categories such as IaaS, PaaS and SaaS, plus the uptake of
highly distributed, virtualized infrastructure."

"Our new relationship with Accedian adds valuable scale and reach,
allowing us to deliver our solutions to a wider range of customers
and organisations than was previously possible," said Gilles
Huguenin, CEO of Performance Vision. "By combining our resources and
expertise, we can accelerate innovation and deliver unified solutions
that help our customers obtain maximum value and performance from
their network and applications-and by extension help their business
perform better."

Accedian's acquisition of Performance Vision is an expression of
intent for the company as it looks to grow its revenue and expand
into new markets and business segments in 2018. As part of this wider
strategy, and to support the company's expansion into the enterprise
space, Accedian last month made two new executive appointments (https
://accedian.com/blog/2018/01/30/accedian-boots-leadership-team-with-i
ndustry-leaders/): Sergio Bea joined the company as Vice President of
Global Enterprise and Channels, while Richard Piasentin took the role
of Chief Marketing Officer and Chief Strategy Officer.

About Accedian

Accedian delivers exceptional end-to-end network and application
performance visibility, for control over the best possible end-user
digital experience.

Full visibility across network services and application
chains-spanning virtualized, cloud, software-defined, and physical
infrastructure-empowers service providers and enterprises to embrace
transformation, make most efficient use of digital assets to realize
business goals, and strengthen their competitive position.

Accedian is an established expert at instrumenting networks of
every size, with SkyLIGHT(TM) platform solutions that scale to
monitor multinational networks.

Since 2005, Accedian has partnered with its customers to deliver
solutions across the globe, helping them and their users Experience
Performance. For more information, visit https://accedian.com/.

Follow us on Twitter: @Accedian (https://twitter.com/Accedian)

About Performance Vision

Performance Vision is a leading vendor in the network and
application performance management (NPM/APM) and network visibility
markets. Performance Vision provides a range of innovative solutions
that help IT and network managers obtain a global vision of their
digital infrastructure as well as application performance and usage.
More than 400 customers use Performance Vision for their daily IT and
network operations. For more information, visit
www.performancevision.com. Twitter: @SkyLIGHT_PVX
(https://twitter.com/SkyLIGHT_PVX)

Media Contacts: Natalie Mountain, Accedian, T: +1-514-331-6181
ext. 674, E: nmountain@accedian.com; Anais Merlin, CCgroup, T:
+44-203-824-9200, E: accedian@ccgrouppr.com

ots Originaltext: Accedian Networks Inc.
Im Internet recherchierbar: http://www.presseportal.de

Original-Content von: Accedian Networks Inc., übermittelt durch news aktuell