Novell Buying VC-Backed Managed Objects
Novell has agreed to acquire Managed Objects, a McLean, Va.-based provider of IT system management software. No financial terms were disclosed. Managed Objects has raised around $45 million in VC funding from firms like JMI Equity, Fidelity Ventures, Intel Capital, FT Ventures and Lazard Technology Partners. It also had secured venture debt from ORIX Venture Finance.
15 October 2008•3 mins read
