Wavelink Has Been Acquired by LANDesk
About Wavelink
- Wavelink Corporation, a privately-held company, was a leading provider of mobile device management and mobile enterprise application software for the smartphone and ruggedized mobile device markets
- The company was the leading provider of mobile software for the ruggedized handheld industry, with over 15,000 customers in 108 countries relying on their software
- Headquartered in South Jordan, Utah, with offices in Seattle, Washington, the company had 96 employees
- Founded in 1992, Wavelink was backed by WestView Capital Partners, a leading Boston-based private equity firm
About LANDesk
- LANDesk Software, located in South Jordan, Utah, provides IT management and security software to Fortune 500 and mid-market businesses
- LANDesk’s products include suites for Systems Lifecycle Management, Endpoint Security Management, Management Automation Platform, IT Service Management and Cloud Solutions
- At the time of the acquisition, LANDesk had 3,800 customers and employees in 18 countries worldwide
- LANDesk Software was founded in 1985 and was acquired in 2010 by Thoma Bravo, a leading private equity firm with over $4.0 billion under management
Transaction Notes
- The acquisition of Wavelink by LANDesk was announced on June 20, 2012; financial terms were not disclosed
- LANDesk recently launched a mobile device management solution to complement its desktop endpoint management software
- Wavelink’s mobile device management product, Avalanche, provides significantly enhanced capabilities together with much broader device support than LANDesk’s solution, with a focus on the ruggedized device market
- The combination of LANDesk’s sales and channel capabilities within traditional enterprise IT departments and Wavelink’s superior product creates an opportunity to address the rapidly-growing mobile device management market
- Wavelink’s mobile enterprise application platforms allow both terminal-based and web-based enterprise applications to be brought to mobile devices with little to no modification of the underlying application
- Shea & Company served as the exclusive financial advisor to Wavelink in the company’s sale to LANDesk/Thoma Bravo