Managed file transfer vendor Ipswitch has acquired MessageWay Solutions to combine the companies' suite of managed file transfer (MFT) products.
The acquisition, made for an undisclosed sum, is aimed at providing Ipswitch with enhanced management, visibility and enforcement capabilities via MessageWay's MFT business. With the addition of MessageWay, Ipswitch now provides integration of advanced analytics, multiplatform support, enterprisewide monitoring, interoperability, and high-performance data translation and transformation for EDI, ERP and a variety of other message formats.
"Our customers count on us to bring them new, innovative ways to manage, secure [and] enforce policies and provide visibility into all their file and data interactions," said Gary Shottes, president of Ipswitch, in a statement. "The integration of MessageWay's products and services into our existing portfolio gives our combined customers the broadest choice of managed file transfer solutions with robust, highly scalable advanced file services on the market."
The merger of Ipswitch and MessageWay is not the only shift in the MFT space of late. Last month, IBM acquired Sterling Commerce, which specializes in MFT and business-to-business (B2B) commerce applications, for $1.4 billion.
Greg Faubert, president of MessageWay, said the companies' products complement each other and present a significant value proposition for enterprises looking for a single global MFT provider.
"Both companies share a passion for providing high value technology without the complexity of implementation struggles," he said in a statement. "This merger is a big step forward in the evolution of the MFT industry."