March 29, 2016
PRESS RELEASE — SAN JOSE, Calif. – March 29, 2016 – Virtual Instruments, the market leader in real-time infrastructure performance management, and Load DynamiX, the leader in storage performance analytics, today announced that they have entered into a definitive agreement under which the companies will merge to create the industry’s first end-to-end infrastructure DevOps platform.
To accelerate joint innovation in the multi-billion-dollar IT infrastructure market, HighBar Partners will lead a new $20 million investment round into the combined company. Additional investors in the new company include Azure Capital Partners, Kinetic Ventures and Benhamou Global Ventures, the investment fund founded by Eric Benhamou, former CEO of 3Com.
Under the terms of the deal, the combined entity will retain the name Virtual Instruments and will be led by Philippe Vincent, the current president and CEO of Load DynamiX. The combination will enable Virtual Instruments to offer new and existing customers the only comprehensive end-to-end infrastructure performance analytics product portfolio, capable of delivering actionable infrastructure performance insights across physical, virtual and cloud environments.
Together, Virtual Instruments and Load DynamiX will help customers proactively address the IT imperative to achieve lower cost structures and higher levels of performance within increasingly complex and disparate IT environments. Today, enterprises lack a holistic view of how application workloads interact with their underlying infrastructure. No two workloads are alike, and every data center is unique, irrespective of investments in flash, software-defined, cloud and converged technologies. Virtual Instruments offers the deepest workload visibility and storage infrastructure performance analytics to support the next-generation agile business environment.
“By merging the undisputed leaders in infrastructure performance management and storage performance analytics, we’ve created a combination of solutions that no one else in the industry comes close to offering,” said Philippe Vincent, CEO of Load DynamiX. “Given the complementarity of our leadership teams and products, our customers and partners view this as the logical next step in our evolution into the new Virtual Instruments.”
“The merger of these two companies is employee and customer driven,” said John Thompson, CEO of Virtual Instruments. “The synergies across combined product portfolios are extremely positive and should deliver real value to our combined customer base.”
Virtual Instruments and Load DynamiX customers have continually asked for tighter integration between the two companies’ products, and the merger responds to that demand. Virtual Instruments’ VirtualWisdom platform analyzes the performance of the production infrastructure for IT operations, while Load DynamiX delivers the …
… storage workload acquisition, analysis and modeling capabilities IT engineering and architecture teams need. Together, the technologies offer the best infrastructure instrumentation and performance analytics in the data center.
The new executive management team includes CEO Philippe Vincent, Chief Financial Officer Kevin McDonnell, Senior Vice President of Sales Warren Bell, Chief Marketing Officer Len Rosenthal, Chief Technology Officer John Gentry, Senior Vice President of Products Tim Van Ash, and Senior Vice President of Services Bo Barker.
Supporting industry quotes:
John Kim, managing partner of HighBar Partners, said, “Visibility into the infrastructure to analyze performance is critical for enterprises as they deploy complex heterogeneous technologies in hybrid on-premise and cloud environments. The merger of Virtual Instruments and Load DynamiX solidifies our leadership position and creates an innovative and powerful platform to advance our goal of delivering end-to-end infrastructure performance management to our customers.”
Henry Baltazar, senior analyst at 451 Research, said, “The combination of Virtual Instruments’ deep application and infrastructure management tools combined with Load DynamiX’s performance analytics and modeling tools can help enterprises gain the insight required to intelligently manage and evolve their infrastructures. This combination will provide customers with a comprehensive view of their infrastructure to help find trouble spots before they occur and to rightsize technology acquisitions.”
Arun Taneja, founder, president and consulting analyst of Taneja Group, said, “I have known and worked with both Virtual Instruments and Load DynamiX since their inceptions in 2008. I have spoken to many of their customers over the years and the value of combining the two companies is both compelling and obvious. The infrastructure visibility and performance analytics that the new Virtual Instruments provide will help enterprises dramatically reduce costs, assure performance and de-risk their transformations.”
About Load DynamiX
Load DynamiX is a storage performance analytics innovator, providing unique insight into application workload performance that empowers data storage professionals to optimize costs and assure performance by more intelligently deploying and troubleshooting storage infrastructure. The combination of advanced workload analysis and modeling software with extreme workload generation appliances gives IT professionals the ability to cost-effectively validate and stress today’s most complex physical, virtual and cloud infrastructure to its limits. For more information, visit http://www.loaddynamix.com.
About Virtual Instruments
Virtual Instruments delivers the industry’s leading analytics platform for Infrastructure Performance Management. VirtualWisdom® empowers customers to deliver on the complex requirements of their application infrastructure. The platform provides insights into the performance and availability of the end-to-end system across physical, virtual and cloud environments. VirtualWisdom intelligently captures, correlates and analyzes an unmatched breadth and depth of data, transforming data into answers and actionable insights. This allows the promotion and guarantee of performance-based service-level agreements, changing the value of the infrastructure. With these insights, customers can take control of their environments, accurately inform collaborative dialogues and drive business outcomes. For more information, visit http://www.virtualinstruments.com.
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