Sterling Software Set to Acquire Interlink
Dallas-based software and solutions provider Sterling Software Inc. has announced its intent to purchase Interlink Computer Sciences Inc. (Fremont, Calif.), a supplier of high-performance solutions for enterprise systems networking.
The transaction, carrying a value of $64 million, is expected to close in late April or early May of this year, according to published reports. When the deal is approved, it will represent Sterling Software's 33rd acquisition, and the second systems management acquisition announced in less than three weeks.
"This acquisition brings us tremendous opportunities to strengthen our strategic position in the marketplace and capitalize on the explosive growth of the Internet as a cost-effective, open network for enterprise computing," says Sterling L. Williams, president and CEO of Sterling Software. "With the addition of Interlink's network management technology, we will be able to extend our lead in OS/390 TCP/IP management and enhance our ability to manage specific applications running on TCP/IP networks. This acquisition also gives us a significant customer base and an excellent opportunity to leverage our SOLVE family of network management products."
Interlink expects its software solutions will be a "perfect fit with Sterling Software's network management products," according to A.J. Berkeley, president and CEO of Interlink. "Sterling Software will be able to broaden its TCP/IP network management solutions, and Interlink's products will now reach the very large corporations that need the performance and reliability that our products provide," he says. "With our common heritage and focus, I think this union will produce one of the best network management teams in the world. I am excited for our customers and employees."
--L. Greenemeier