SOURCE: AppWorx Corporation

March 27, 2007 09:03 ET

AppWorx Corporation and UC4 Software to Merge

Application Automation and Job Scheduling Vendors Join Forces to Apply New Focus on End-to-End Process Management Challenges

BELLEVUE, WA and WOLFSGRABEN, AUSTRIA -- (MARKET WIRE) -- March 27, 2007 -- AppWorx Corporation and UC4 Software GmbH, today announced the signing of a definitive agreement to merge their organizations. The company, to be known as UC4 Software, will be the first truly global and independent provider of IT process automation and optimization solutions. The merger is anticipated to close within weeks. Financial details of the transaction were not disclosed.

UC4 provides enterprise job scheduling and data center automation through efficient management, monitoring and control of high volume workloads. AppWorx provides event-driven business application automation and batch integration technology that drives new levels of business process optimization. Their combination will create a global software company dedicated to helping businesses achieve new agility through innovative IT process automation and optimization solutions.

"Job-scheduling requirements have changed from traditional date- and time-based scheduling to event-based scheduling," reports Milind Govekar, research vice president, Gartner Inc. in the Magic Quadrant for Job Scheduling, 2006. "Integration with packaged and composite applications has become a requirement for end-to-end automation." (1)

The combined entity of UC4 Software has over 1,500 enterprise customers worldwide including Cadbury Schweppes, eBay, General Electric, New York Stock Exchange, Panasonic, Sun Microsystems and Symantec. With over 250 employees and offices across Europe, the United States and Australia, UC4 Software will be headquartered in Wolfsgraben, Austria.

Franz Beranek, founder and President of UC4 Software GmbH, will lead the new company as chief executive officer. Bill Wrenn, founder and chief executive officer of AppWorx Corporation, will take on the role of President of UC4 Software, Inc. and oversee all operations in the Americas and Asia Pacific.

"We are excited about the merger with AppWorx, a company with a solid history of innovation, thought-leadership and exceptional technology," said Beranek. "Working together we offer business process management solutions that drive companies forward to greater application performance and operational efficiencies. Whether a utility generating customer bills or an Internet retailer needing to fulfill orders, there remain many critical IT activities that must be optimized if companies are to achieve the business agility needed to remain competitive in a world defined by rapid change and emerging technologies."

"This is the right move for both companies," said Wrenn. "In merging our organizations, we now offer much greater core competencies, and are strongly positioned to more effectively serve our customers. Everyone will benefit from new collaboration in our research and development activities. We can extend our partnerships and alliances around the globe, leveraging existing relationships. We are confident these synergies will provide us with an outstanding foundation upon which to build an exceptional company."

The Carlyle Group, a global private equity firm, which owns 80% of UC4 Software, has supported the merger with a follow-on investment in UC4. "The combination of UC4 Software and AppWorx will create the undisputed technology leader in the fast growing IT process automation market. The senior management team of both companies combines vision with experience and has our full backing in building the new organization into a global category leader," said Michael Wand, Managing Director, The Carlyle Group.

About AppWorx Corporation

Established in 1990, AppWorx Corporation is a leading provider of application automation and batch integration technology that ensures core business processes run faster, more accurately and without interruption. AppWorx has successfully enhanced performance and improved efficiency for more than 700 organizations worldwide, including DoubleClick, Eastman Kodak, eBay, General Electric, Gymboree, Dress Barn, New York Stock Exchange, Panasonic, Esprit, Sun Microsystems, Symantec, Toshiba and Verizon.

About UC4 Software, GmbH

Established in 1985, UC4 Software GmbH is the world's leading independent enterprise automation and job scheduling solution. More than 750 companies worldwide, including many Fortune 500 companies, have installed its flagship product, UC4:global. Customers include Air Products, American Suzuki Motor Corporation, Cadbury Schweppes, Columbia University, Mattel, Robert Bosch and T-Systems. The company has offices in Europe, the United States and Australia, and is supported by a network of partners in more than 30 countries around the world.

About The Carlyle Group

The Carlyle Group is a global private equity firm with $54.5 billion under management. Carlyle invests in buyouts, venture & growth capital, real estate and leveraged finance in Asia, Europe and North America, focusing on aerospace & defence, automotive & transportation, consumer & retail, energy & power, healthcare, industrial, technology & business services and telecommunications & media. Since 1987, the firm has invested $24 billion of equity in 576 transactions for a total purchase price of $101.8 billion. The Carlyle Group employs more than 750 people in 16 countries. In the aggregate, Carlyle portfolio companies have more than $68 billion in revenue and employ more than 200,000 people around the world.

(1) Gartner Research "Magic Quadrant for Job Scheduling, 2006" by Milind Govekar. February 27, 2007

Contact Information

  • Contacts
    Ian Kramer
    AppWorx Corporation
    Email Contact
    P +1 425 644 2121 x139
    F +1 425 644 2266

    Emma Thorpe
    Carlyle Group
    Email Contact
    P +44 20 7894 1200
    F +44 20 7894 1600

    Susanne Litschauer
    UC4 Software GmbH
    Email Contact
    P +43 2233 77880
    F +43 2233 77880