Quest will take over Redwood City, Calif.-based MonoSphere's Storage Horizon storage capacity management software and has also hired a "substantial number" of MonoSphere employees.
"The high quality of MonoSphere's team and technology, as well as the fit of its products within Quest's management offerings, were key factors in the decision to proceed with this acquisition," Quest said in a statement.
Quest said it will continue to "maintain, enhance and support" the Storage Horizon solution and will also integrate Storage Horizon with a number of its own products, which are aimed at boosting the performance and productivity of applications, databases, Windows infrastructure and virtual environments.https://o1.qnsr.com/log/p.gif?;n=203;c=204655439;s=10655;x=7936;f=201806121855330;u=j;z=TIMESTAMP;a=20400368;e=i
"It's good to see MonoSphere get acquired, as they have some good IP and functionality that will complement what Quest has currently as well as address the SRM and IT resource management needs of their target markets," said Greg Schulz, founder and senior analyst at StorageIO Group.
Schulz said SRM vendors "have had a rocky road. ... On paper, there's a great ROI story for being able to more effectively manage your IT resources, including storage with IRM/SRM tools, yet in many cases, the price tag for entry has been a barrier."
MonoSphere, Schulz said, "needed a bigger name for distribution and to grain traction in the type and size of accounts where their solution has a good value proposition, and that's where the likes of a Quest comes into play."
Quest did not respond to requests for comment by deadline.