Acresso Software formed from Thoma Bravo acquisition

Macrovision Corporation’s Software Business Unit has been acquired by private equity investment firm, Thoma Bravo, resulting in the formation of Acresso Software, a standalone company.

Acresso Software provides solutions that help simplify the business relationship between software producers and enterprises. Its product line includes the FLEXnet and InstallShield family of products that were previously offered by Macrovision Corporation, using the foundation of these two strong product franchises with 60,000 installed customers, deployed on 500 million desktops around the world.

These software products enable independent software vendors to manage entitlements, software licensing, compliance, installation, and electronic software delivery. Acresso Software also delivers the Adminstudio product line that provides asset management, licence usage, and mass deployment tools to IT departments at enterprise organisations.

The new investment partner of Thoma Bravo, has an experienced, energised management team, and employees dedicated to building a world-class software business singularly focused on making its customers successful. By leveraging the market leadership of Acresso Software’s existing product lines, Thoma Bravo will work with the company’s experienced management team to grow Acresso Software and deliver increased value for its customers.

In the software industry, Thoma Bravo has completed 34 acquisitions across 12 platform companies with total annual earnings in excess of $500m.

via Techwatch UK

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