Taylor Wessing advises IT Process Automation Leader iWave Software on Acquisition of Enigmatec Software Assets

07-Apr-2010  |  Corporate, IT & Telecoms, Technology, Media & Telecoms, USA Group


Taylor Wessing has advised long-standing client iWave Software, the leading independent provider of IT Process Automation (Run Book) software, on its acquisition of Enigmatec EMS Run Book Automation Suite from Enigmatec Corporation Limited.

Enigmatec’s product suite is a key addition to US-based iWave Software’s data centre and cloud management strategy. The purchase will add an industry proven process orchestration and cloud management solution to iWave’s IT Automation Suite and will provide Global 500 organizations and IT Outsourcers (ITOs) with a best-of-breed, cost-effective solution for automated management data centres and on-demand enterprise IT environments.

Brent Rhymes, President of iWave Software, comments:

“Taylor Wessing's advisory services were invaluable to iWave Software’s acquisition of Enigmatec’s Run Book Suite. The team’s breadth and depth of knowledge provided us with the expertise necessary to structure a winning bid and complete the transaction in days, not weeks or months.”

Taylor Wessing is a leading firm in the technology sector in Europe and the leading firm for inward investment from North America, working particularly with technology companies.

The Taylor Wessing team advising iWave Software was led by David Kent (Partner) and Philip Shepherd (Associate), both Technology and Inward Investment, with Neil Smyth (Partner) advising on insolvency matters.

Ends

Lawyers David Kent, Philip Shepherd, Neil Smyth

 

Notes to editors

For more information please contact Sarah le Cheminant at Taylor Wessing:

Tel: +44 (0)20 7300 4930
Email: s.lecheminant@taylorwessing.com

Taylor Wessing LLP is a leading law firm providing support for commercial organisations doing business in Europe, the Middle East and China.
 
www.taylorwessing.com

iWave Software provides software and services that help enterprise organizations automate the support of their IT infrastructure and critical business applications. For the past 16 years, Global 500 firms such as Raymond James, IGT, the European Patent Office and others, have leveraged iWave Software’s products to streamline their IT support while improving quality of service and lowering operating costs (http://www.iwavesoftware.com). Headquartered in Frisco, Texas, iWave Software LLC is a privately-held affiliate of the Hall Financial Group.