Utah’s LANDesk acquires Texas company

First Published Apr 24 2012 12:34 pm • Last Updated Apr 24 2012 05:33 pm

Utah-based LANDesk Software has acquired Managed Planet of Texas in a deal announced Tuesday.

Managed Planet of Dallas brings "unique technologies" for managing devices and providing analytics on computer networks, LANDesk said in a statement.

"LANDesk previously licensed this technology as part of its LANDesk Data Analytics product," the South Jordan company said.

Terms of the deal were not disclosed by the privately held companies. The acquisition was the fifth since LANDesk spun out of Intel in 2002 and the first since it became a stand-alone business in September 2010, when LANDesk, then a division of Emerson Electric Co., was sold to private equity firm Thoma Bravo of San Francisco.

"Acquisitions represent an important component of our growth strategy and this announcement marks a shift to accelerated growth for LANDesk," Bob Macfarlane, vice president of corporate development, said in a statement.

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