Micromuse Enters into Agreement to Acquire GuardedNet Inc.
SAN FRANCISCO - Micromuse Inc. (Nasdaq: MUSE), the leading provider of ultra-scalable, realtime business and service assurance software, announced today that it has entered into an agreement to acquire GuardedNet Inc., a privately-held software company based in Atlanta, Georgia, for $16.2 million in cash.
GuardedNet is a SIM player and has raised a total of $14 million. The $16.2 million barely covers the VC money.
Hum…seems like a fire sale? I wonder what happened.
Disclaimer: This is my personal blog. The opinions expressed in this blog are the views of the writer and do not necessarily reflect the views and opinions of VMware.
July 12th, 2005 at 8:54 am
>I wonder what happened.
A firesale indeed. A standard failure to execute…