March 25, 2021
Ivanti said the combination cements its position as the only enterprise service management vendor to offer end-to-end service and asset management from IT to lines of business. It also accelerates its innovation in unified endpoint management, zero-trust security and enterprise service management.
Ivanti didn’t say how much it paid for Cherwell. Clearlake Capital Group and TA Associates back Ivanti.
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Erik Randles is Ivanti’s senior vice president of global channels and alliances.
Ivanti’s Erik Randles
“The acquisition will enable Ivanti’s partners to further grow their business,” he said. “With this acquisition, we’re continuing to add new capabilities and expand our addressable markets. All of this creates more opportunities for success for our partners.”
Keep up with the latest channel-impacting mergers and acquisitions in our M&A roundup.
Ivanti plans to invest in both Cherwell and Ivanti service management solutions while working to converge the best aspects of each. It plans to integrate Cherwell’s no-code and low-code applications.
The Ivanti Neurons platform will connect the best of both enterprise service management portfolios with the company’s unified endpoint management and zero trust security solutions. Enterprises can autonomously self-heal and self-secure devices, and self-service end users.
Cherwell partners can grow their business by selling and servicing a much broader solutions portfolio, Randles said.
The combined Ivanti Partner Program will launch on July 1, he said.
Adam Holtby is principal analyst at Omdia.
“The combined capabilities will enable Ivanti customers to automate and improve end-to-end service delivery across all endpoints, from cloud to the IoT edge,” he said. “This is critical as employees today expect a personal and immediate resolution for issues impacting their ability to remain productive, regardless of where they are working from or what devices they are using.”
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