Microsoft buys up asset-tracking firm


Microsoft buys up asset-tracking firm

Antony Savvas

Microsoft is expanding its management software product line with the acquisition of Canadian asset-tracking company AssetMetrix.

AssetMetrix develops solutions to help firms manage their PCs and software applications, including their software licences.

Microsoft plans to incorporate some of AssetMetrix’s technology into its forthcoming System Center Configuration Manager product, including the software licensing technology.

With firms facing the serious threat of legal action as a result of using unlicensed software, including applications unilaterally installed by staff, this element of AssetMetrix’s portfolio is seen as key by Microsoft.

The financial terms of the deal have not been disclosed. AssetMetrix employs only around 20 staff in Ottawa.

Microsoft is currently planning how to integrate these staff into its management software business.

The AssetMetrix board has already approved the deal, but the Canadian regulatory authorities still need to rubberstamp it.

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