Thursday 4 February 2021

Ivanti seals definitive agreement to acquire Cherwell Software

KUALA LUMPUR, Feb 2 -- Ivanti Inc, the automation platform that makes every IT connection smarter and more secure, has signed a definitive agreement to acquire Cherwell Software, a global leader in enterprise service management solutions.

According to a statement, Ivanti is acquiring Cherwell to expand the reach of its Neurons platform, providing end-to-end service and asset management from IT to lines of business and from every endpoint to the IoT edge. 

Upon completion of the transaction, the combined company will continue to be led by Ivanti chairman and Chief Executive Officer, Jim Schaper. 

“The combination of Cherwell and Ivanti accelerates our innovation at the intersection of unified endpoint management, security, and enterprise service management,” said Schaper.

“The blend of our two companies, with strong and complementary product capabilities, will further unlock the potential of our hyper-automation platform to service all IT assets and endpoints in the everywhere enterprise.”

Ivanti will continue to maintain and invest in both Cherwell and Ivanti service management platforms while working to converge the best aspects of each.

Neurons, Ivanti’s hyper-automation platform, accelerates this vision by connecting the Unified Endpoint Management, Security, and Enterprise Service Management solutions.

This provides a single pane of glass for enterprises to proactively, predictably and autonomously self-heal and self-secure devices, and self-service end-users.

More details at www.ivanti.com.

-- BERNAMA

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