Published:
Stratus Technologies Sells ENTICE business
Continues to serve legacy telco customers; trains future focus on enterprise availability and virtualization solutions
MAYNARD, Mass., Jan. 7 /PRNewswire/ -- Stratus Technologies announced today that it has completed the sale of its ENTICE(TM) solutions business. The business will now operate independently as Stratus Telecommunications LLC and will be led by Nathan Franzmeier, the Stratus executive officer who was responsible for that business. Stratus Telecommunications based inAllen, Texas, acquires the ENTICE software solutions suite and customers of ENTICE systems. Financial terms of the sale were not disclosed.
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Stratus Technologies acquired the ENTICE business when it purchased Emergent Network Solutions (ENS) in August 2006. Stratus customers, products and services in place prior to the ENS acquisition are not included in this sale, and will continue to be actively managed by the company.
"This transaction benefits both parties exceptionally well," said David Laurello, Stratus Technologies president and CEO. "It allows us to focus energy and additional resources on strategic customer solutions for IT availability and virtualization in the enterprise market. For Nathan and his team, competing in this fragmented and fast-moving industry requires an entrepreneurial mindset, organization and agility in order to be most successful. That can be more effectively achieved as a separate entity."
About Stratus Technologies
Stratus Technologies focuses exclusively on helping its customers keep critical business operations online without interruption. Business continuity requires resiliency and superior availability throughout the IT infrastructure, including virtual environments. Stratus delivers a range of solutions that includes software-based high availability, fault-tolerant servers, availability consulting and assessment, and remote systems management services. Based on its 29 years of expertise in product and services technology for total availability, Stratus is a trusted solutions provider to customers in manufacturing, health care, financial services, public safety, telecommunications, transportation & logistics, and other industries. For more information, visit www.stratus.com.
Stratus is a registered trademark of Stratus Technologies Bermuda Ltd. The Stratus Technologies logo is a trademark of Stratus Technologies Bermuda Ltd. All other marks are the property of their respective owners.
Contacts:
Ed Marshall Ken Donoghue
Beaupre & Co. Public Relations Stratus Technologies
603-559-5816 978-461-7269
emarshall@beaupre.com ken.donoghue@stratus.com
www.beaupre.com www.stratus.com
SOURCE Stratus Technologies
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