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AppNeta Acquired by Broadcom in Order to Bring Its Award-Winning Visibility Platform to the World's Largest Enterprises

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AppNeta Acquired by Broadcom in Order to Bring Its Award-Winning Visibility Platform to the World's Largest Enterprises

AppNeta, the leading network performance monitoring solution for the distributed enterprise, today announces that it will be acquired by Broadcom, Inc. (NASDAQ: AVGO). In combination with Broadcom DX NetOps, AppNeta will provide IT teams at the world’s largest enterprises with a single platform to understand who is using which applications, how they are performing, and how the application delivery chain may impact performance or quality of service.

Enterprises worldwide have been turning to Cloud, SaaS, and Internet technologies to help transform their IT workflows in parallel with the growing trend toward decentralized work. This evolution has brought forth tremendous opportunity for IT to play a strategic role in guiding business transformation, but has also created significant blind spots for network operations teams when it comes to how end-users are experiencing business-critical applications. And poor end-user experience isn’t just an IT issue. Left unchecked, it can have far-reaching business impacts ranging from poor customer experience to diminished employee productivity to unrealized growth.

By combining AppNeta’s scalable end-to-end visibility with Broadcom’s award-winning and proven infrastructure and AIOps capabilities, the world’s largest enterprises running the most complex networks will now have access to the ultimate, single source of truth to support their cloud journey.

“At AppNeta, we have always invested in scale — whether that be enabling you to support hundreds of offices, tens of thousands of remote users, or make sense of millions of unique performance metrics every day,” said Matt Stevens, AppNeta’s CEO. “Now, by combining our unique technology with Broadcom’s unmatched infrastructure and AIOps expertise, IT leaders can feel empowered to embrace cloud transformation knowing that they have complete visibility from a single platform.”

AppNeta currently serves the enterprise market and has 3 out of the 5 largest corporations by market cap and 4 out of the 5 largest cloud providers as customers. And since the global COVID-19 pandemic began, AppNeta has grown its work-from-anywhere presence by more than 500%, thanks to the world’s new hybrid work reality.

The company’s success in the large enterprise market was accelerated after a strategic investment made by Rubicon Technology Partners in late 2017. By sharpening the focus on the needs of the world’s largest and most complex networks, Rubicon’s partnership enabled AppNeta to invest in key product and go-to-market initiatives that have driven record-level growth and customer retention.

“We are excited about the new Digital Experience Management (DEM) capabilities AppNeta will add to our DX NetOps network monitoring solutions. Hybrid cloud deployments, work from home and prevalence of SaaS-based applications have made enterprises incredibly reliant on the Internet to deliver business- critical applications to employees and customers,” said Serge Lucio, vice president and general manager, Enterprise Software Division, Broadcom. “Visibility and control for most performance management teams ends at corporate network boundaries. With AppNeta, DX NetOps solutions by Broadcom Software have visibility into Internet connections and can monitor and manage digital experiences for any user across any cloud, mobile, SaaS or remote work scenario.”

To learn more about the news, please see this blog post from Matt Stevens, CEO, AppNeta.

About AppNeta

AppNeta is the only network performance monitoring solution that delivers visibility into the end-user experience of any application, from any location, at any time. With AppNeta’s SaaS-based solution, IT and Network Ops teams at large, distributed enterprises can quickly pinpoint issues that affect network and business-critical cloud application performance, regardless of where they occur. AppNeta is trusted by some of the biggest Fortune 1000 companies, including 3 out of the 5 largest corporations in the world, as well as 4 out of the 5 largest cloud providers.

Acquisition

Holcim US Increases Aggregate Capabilities with Latest Acquisition

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Holcim US Increases Aggregate Capabilities with Latest Acquisition
  • Acquisition expands footprint in Virginia, part of its Mid-Atlantic Region

Holcim US announced today it has acquired the sand and gravel operation of Basic Construction Company, LLC, in New Kent County, Virginia.

The transaction will add significant, strategically located, aggregate reserves for Holcim’s Mid-Atlantic Region along with 230 acres of land. The acquisition advances Holcim US’ goal to fuel growth through bolt-on acquisitions in mature markets in the aggregates business.

For more than 100 years the Basic Construction Company has worked in Eastern Virginia with a history of responsible operations and strong community roots.

“We’re excited to add this 230-acre strategic reserve, which will support our continued expansion in the Virginia market and begin a strong community engagement in New Kent County.” said Cedric Barthelemy, Head of the Mid-Atlantic Region, Holcim US.

The operations will be managed by Cedric Barthelemy, Head of Mid-Atlantic Region; Donnie Bostic, Area Manager, Southern Virginia; and Corey Johnson, General Manager, Mid-Atlantic Region.

About Holcim

Holcim builds progress for people and the planet. As a global leader in innovative and sustainable building solutions, Holcim is enabling greener cities, smarter infrastructure and improving living standards around the world. With sustainability at the core of its strategy Holcim is becoming a net zero company, with its people and communities at the heart of its success. The company is driving circular construction as a world leader in recycling to build more with less. Holcim is the company behind some of the world’s most trusted brands in the building sector including ACC, Aggregate Industries, Ambuja Cement, Disensa, Firestone Building Products, Geocycle, Holcim, Lafarge and Malarkey Roofing Products. Holcim is 70,000 people around the world who are passionate about building progress for people and the planet through four business segments: Cement, Ready-Mix Concrete, Aggregates and Solutions & Products.

In the United States, Holcim US, includes close to 350 sites in 43 states and employs 7,000 people. Our customers rely on us to help them design and build better communities with innovative solutions that deliver structural integrity and eco-efficiency.

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Acquisition

Global GRAB Technologies Acquires Innovo Security Works LLC, Product Lines

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Global GRAB Technologies Acquires Innovo Security Works LLC, Product Lines

Global GRAB Technologies, www.grabglobal.com a worldwide authority in Perimeter Security and Hostile Vehicle Mitigation products, solutions, and services, announced today it has acquired the product lines of Innovo Security Works LLC, www.innovosecurity.com of Knoxville, Tennessee, a leading manufacturer of security barriers, gates, fences and bollards, to include the assets of Crisp Barriers.

“Global GRAB’s product lines acquisition of Innovo Security Works LLC and Crisp Barriers immediately expands upon Global GRAB’s industry-leading proprietary products for government and commercial customers worldwide by providing a wide range of proven perimeter security products including drop arm gates and swing arm gates.” said Mark Horne, Executive Chairman of Global GRAB Technologies.

“Innovo Security Works and Crisp Barrier products will be fabricated and manufactured at Global GRAB’s headquarters” said Brian Cooper, President & COO. Cooper further stated, “Our highly trained Professional Services Team will service, support and install Innovo Security Works and Crisp Barrier products throughout the United States.”

Global GRAB’s award-winning and “less-than-lethal” Hostile Vehicle Mitigation and Perimeter Security innovations have been proven at hundreds of customers sites representing defense, military, key government agencies, airports, port authorities, petrochemical, data centers, financial institutions, entertainment & sport venues and at other mission critical sites throughout the United States and globally.

Based in Franklin, Tennessee, Global GRAB Technologies was recognized in October of 2019 by The Silicon Review as one of the “Best 50 Companies to Watch.” During 2019, Enterprise Security magazine designated Global GRAB as a “TOP Ten Security Physical Security Provider.”

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Acquisition

MicroFab Acquired by Naprotek, a Portfolio Company of Edgewater Capital Partners

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MicroFab Acquired by Naprotek, a Portfolio Company of Edgewater Capital Partners

Naprotek, LLC., a leading provider of high-reliability, quick-turn electronics manufacturing, has completed the acquisition of MicroFab, Inc., a privately held company in Manchester, New Hampshire. This acquisition is a strategic element of Naprotek’s continued expansion in RF products, services, and solutions. Naprotek now offers customers an array of custom build-to-print thin film products, supported by enhanced capabilities and a wider spectrum of thin film technologies. The business and entire MicroFab team will be integrated into the East Coast operations at SemiGen, a Naprotek Company.

Formed in 1999, MicroFab is a leading provider of precision RF circuit fabrication and atomic-level micro machining services. The company provides ion beam etching, plating, dicing, and micro-machining services and thin film components for communications, microwave, biomedical sensors, and fiber optics applications serving the Defense, Medical, and Telecom markets.

“The acquisition of MicroFab adds distinct manufacturing processes and products that will further complement our comprehensive product and service offering. Our business has continued to grow rapidly with ever increasing technical requirements from our customers. Facing this demand, we are confident that MicroFab will immediately augment our RF Solutions capabilities and we are excited to welcome John Kelley, Wayne Stauss, and the entire MicroFab team to SemiGen,” commented Tim Filteau, President of SemiGen, Inc.

“Our team continues to excel across the Naprotek platform increasing our strengths with differentiated technologies spanning from SMT to RF/Microwave and Advanced Microelectronics. With a careful execution strategy, the integration of MicroFab into SemiGen strengthens the end-to-end RF Solutions for the East Coast operations of Naprotek,” said Daniel Everitt, President and CEO of Naprotek.

“As the fourth acquisition in support of the Naprotek strategy of building an electronics technology solutions company, we are pleased to round-out SemiGen’s RF circuit capabilities to further support our customers in Defense and other high-reliability markets,” remarked Pete Ostergard, Partner at Edgewater Capital.

About Naprotek

Naprotek is an electronics technology solutions provider for high-reliability applications. Since 1995, Naprotek has delivered complex and custom solutions in the Defense, Space, Medical, and Semiconductor Capital Equipment markets and select applications in Test & Instrumentation and Advanced Technology. Capabilities include quick turn printed circuit board assembly, prototyping, RF components, advanced microelectronics, system integration, and test services. Naprotek is committed to delivering customer value through engineering, supply chain management, and manufacturing support.

About Edgewater Capital Partners

Edgewater Capital Partners, headquartered in Cleveland, Ohio, is a sector focused private equity firm investing in lower middle-market performance materials and services businesses. Edgewater has extensive experience and expertise in the specialty industrials, advanced materials, specialty chemicals, and life sciences sectors. Twenty years of industry-specific investing has enabled the firm to develop a deep understanding of the complexities and nuances common to these businesses. The Edgewater Difference is summarized by its three foundational pillars: deep sector expertise, Midwestern values and culture, and growth-enabling philosophy. 

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