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 Intraware (ITRA) to acquire Janus Technologies

 

   *  Amount:         $24.25 million

 

   *  Terms:            100% stock
 

   *  Premium:        n/a

 

   *  Industry:        Performance software

 

   *  Scorecard:      B

 


    ORINDA, Calif., June 12--Intraware , the leading IT e-marketplace for Web-based software and services, announced that it has agreed to acquire Janus Technologies, a leading information technology (IT) asset management solution provider, for $24.25 million in stock. Janus develops and markets IT asset management solutions including tools that enable organizations to significantly reduce the total cost of ownership of their IT assets. Intraware has agreed to acquire Janus to capitalize on the rapidly growing market for IT asset management solutions.