Swedish Private Equity Firm Acquires IT Automator UC4
Swedish private equity firm EQT VI revealed Aug. 13 that it has acquired Vienna-based IT process automation software maker UC4 from The Carlyle Group for $271.73 million (220 million euros).
Carlyle's Europe Technology Partners group bought UC4 in March 2006.
Automation is the most desired function in IT right now. With an ever-multiplying pile of data pouring into the world's data containers, IT managers need all the help they can get to maintain control over it all.
UC4's ONE Automation package unifies workload, application release, application process, run-book, data transfer and virtual machine automation. It is aimed at enterprises encountering increasingly complex management of applications and infrastructure. It also is designed for companies migrating to next-generation service models for cloud systems, development operations and big data workloads.
UC4, whose U.S. headquarters is in Bellevue, Wash., launched ONE Automation last year.
ONE Automation also features predictive analytics based on complex event processing. Unified process automation helps IT operations to gain greater control and significantly improve both service delivery and cost savings.
UC4's operating system, Automation Platform v.9, supports most databases, applications and operating systems and provides an alternative to other end-to-end data center automation packages provided by general systems vendors, CEO Jason Liu told eWEEK.
The UC4 Automation Platform now ships standard with purpose-built components for key areas of enterprise automation, such as job scheduling, application process automation, run book, virtualization management, managed file transfer and application release automation, Liu said.
UC4, founded in 2003, has more than 2,000 customers and generated revenue of about 62 million euros ($76.58 million) in the year ended April 2012.