Distributor Avnet Inc. has acquired Genilogix LLC, an IT application lifecycle management firm.
Genilogix provides a range of products and services aimed at helping channel partners and SMBs “improve security, quality, performance, availability, governance, and regulatory compliance for mission-critical applications,” according to an Avnet press release submitted to ChannelPro-SMB.
Genilogix is an HP Software Enhanced Elite Partner, meaning it can help SMBs with all aspects of application lifecycle management, from design to implementation to long-term support of the HP IT Performance Suite. Genilogix also offers a SaaS-based project and portfolio management system for the cloud. The company generated revenue of approximately $23 million in the 2011 calendar year.
“The acquisition of Genilogix further strengthens our software and services portfolio to help drive growth for both our supplier and reseller partners,” says Avnet president Jeff Bawol, president. “Genilogix’s portfolio combined with the offerings available through our recent acquisition of Pepperweed Consulting enhances our ability to deliver a comprehensive IT solution for our partners.”
“Strategic expansion of our software and services portfolio strengthens our ability to bring IT solutions to market quickly and cost effectively, while ensuring value is added at each point in the supply chain,” says Tony Vottima, Avnet’s senior vice president. “The expertise and relationships that the Genilogix team brings to our organization are directly aligned with our solutions distribution focus.”
