Breaking News Bar
updated: 5/3/2018 1:02 PM

Flexera acquires Brainwaregroup, expands European presence

hello
Success - Article sent! close
  • Scott Sanders/ssanders@dailyherald.comAn exterior view of Flexera, a software company in Itasca, located along Rt. 53 in the Hamilton Lakes business complex.

    Scott Sanders/ssanders@dailyherald.comAn exterior view of Flexera, a software company in Itasca, located along Rt. 53 in the Hamilton Lakes business complex.

 
Globe Newswire

Flexera said Thursday that it acquired the Switzerland-based software asset management provider, Brainwaregroup.

The deal significantly expands Flexera's presence in Germany, Austria and Switzerland. It also extends Itasca-based Flexera's dominance as the leading global provider of SAM solutions for large, mid-size and small enterprises seeking to optimize software spend and minimize risk across their portfolios -- from the desktop and data center to the cloud.

"Brainwaregroup is a great fit for Flexera -- they share our philosophy of delivering competence, quality and value. Their extensive European customer base allows us to quickly build upon Brainwaregroup's success and expand customer value in this important region," said Tom Canning, vice president of strategy at Flexera.

Brainwaregroup offers a suite of SAM and other solutions, with a strong following of 500+ customers primarily located in the DACH region. Flexera offers customers a broad vision unifying SAM with other essential functions like security, IT Service Management, IT Financial Management and other disciplines -- all powered by common data.