GFI Software Reaches Further into the Cloud with Paid Monitor Acquisition

by Mikayel Vardanyan | Oct 25, 2011

The addition of Paid Monitor strongly positions GFI Software to solve the unprecedented
IT management challenges arising from the rapid adoption of cloud computing

Clearwater, Fla. – Oct. 25, 2011 – GFI Software today announced that it has acquired Paid Monitor, the pioneer of cloud-based network and systems monitoring solutions. This acquisition further strengthens GFI’s ability to provide affordable end-to-end systems monitoring for small and medium-sized businesses (SMBs) and to be a one-stop shop for managing heterogeneous IT infrastructures, be they on-premise, hosted or in the cloud.

“Today’s acquisition shows our commitment to expanding our solutions, helping our customers succeed in the rapid uptake of cloud-based services,” said Walter Scott, CEO of GFI Software. “As more and more SMBs adopt cloud computing, GFI is diversifying its own product portfolio to ensure we continue delivering the technology that ensures our customers remain leaders in their fields. While cloud computing enables companies to cut costs and streamline operations, it adds an unprecedented layer of management challenges for which Paid Monitor offers a great fit.”

Paid Monitor specializes in cloud-based software and infrastructure monitoring. Its solutions provide time-pressed IT administrators and IT support companies with a complete infrastructure view. With Paid Monitor, users can monitor, test and manage the performance of on-premise and off-premise infrastructure and applications.

More than 80,000 users worldwide rely on Paid Monitor. More than 200,000 websites and cloud-based applications are monitored and maintained by Paid Monitor services, with more than 40 million checks and records created each day.

“Joining GFI Software gives us the capital, expertise and business resources that will enable us to make our products stronger and invest in features and functions that will help our customers’ businesses grow,” said Hovhannes Avoyan, CEO of Paid Monitor. “GFI is a leader in the network monitoring and management market in the SMB space, and our solutions strongly complement one another now and will be increasingly interconnected as cloud computing continues to grow.”

Following the acquisition, the business will continue operations under the Paid Monitor brand and the solutions will continue to be available as free and paid services to customers worldwide. The senior leadership and management team that built Paid Monitor will remain in place to continue driving new innovations in the company’s services.

The Paid Monitor technology also will be integrated into the GFI MAX RemoteManagement™ platform for managed services providers (MSPs). This will enable MSPs and IT support companies to expand their managed services capabilities beyond traditional on-premise infrastructure to remotely monitor and manage their customers’ cloud-based solutions as well.

To learn more, visit www.gfi.com or portal.monitor.us, or send email to [email protected].

About Paid Monitor

A leading provider of easy-to-use, pay-as-you-go, enterprise-class network and systems monitoring software as a service (SaaS) for IT support specialists. More than 80,000 users worldwide have chosen Paid Monitor to increase uptime and user experience of their services and products. Their core product offerings include website monitoring, site load testing, transaction monitoring, application and database monitoring, cloud resource monitoring, and server and internal network monitoring. What makes Paid Monitor’ software different is how fast it is to deploy, its flexible pricing and feature-rich technology that provides a comprehensive single-pane view of on-premise and off-premise infrastructure and applications.

About GFI Software

GFI Software provides web and mail security, archiving, backup and fax, networking and security software and hosted IT solutions for small and medium-sized businesses (SMB) via an extensive global partner community. GFI products are available either as on-premise solutions, in the cloud or as a hybrid of both delivery models. With award-winning technology, a competitive pricing strategy, and a strong focus on the unique requirements of SMEs, GFI satisfies the IT needs of organizations on a global scale. The company has offices in the United States, UK, Austria, Australia, Malta, Hong Kong, Philippines and Romania, which together support hundreds of thousands of installations worldwide. GFI is a channel-focused company with thousands of partners throughout the world and is also a Microsoft Gold Certified Partner.

For more information:

Please email David Kelleher on [email protected]

GFI – Malta: Tel: +356 2205 2000; Fax: +356 21382419.

URL: https://www.gfi.com.

Davies Murphy Group

Please email Brian Alberti on [email protected]

GFI – US: Tel: +1-781-418-2403

Copyright © 2011 GFI Software. All rights reserved. All trademarks used are owned by their respective companies. To the best of our knowledge, all details were correct at the time of publishing; this information is subject to change without notice.