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Attachmate-WRQ eyes up further takeovers

Connections and that
Tue May 01 2007, 23:10
PE OWNED Attachmate WRQ has its eyes on further targets to increase its spread in the 21st Century, executives told the INQ tonight.

The $400 million revenue company also owns NetIQ and its famous legacy business is still going strong, but new business is within the range of the firm, it said today.

Its net worth is, of course, greater than $400 million because Attachmate WRQ is Monsieur Connectivity, non pareil. Go forth and multiply.

It currently has 1,200 employees worldwide, 30 of which are developers in Old Bangalore. Execs claimed it is between number 20 and 30 in the worldwide software top 30, tonight.

Long toothed individuals will remember that Attachmate and WRQ were bitter rivals and that a mere 10 years back, Netmanage was the IP stack adopted for Windows 98.

But things have shifted significantly since then. The conglomeration owned by a PE consortium has 16 million licences out there and is in almost every vertical sector including finance, aerospace, hotels, and the car market - or as they describe it these days - automotive.

We attempted to get the executives to speculate on the next takeover but they refused to be drawn. Their legacy biz is doing quite well, thank you very much and believe it or not some firms still need connections from AS/400s to PCs.

Any questions we had had to be tempered in the light there were four journalists from UK magazine Computer Weekly, two freelancers from the Rogister and only one person from the INQ.

Attachmate WRQ is Vista ready. µ

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