Software Acquisitions in 2011

Schneider Electric announced the strategic acquisition of the intellectual property and software behind Viridity's EnergyCenter 2.0 platform to augment its StruxureWare for Data Center Operations DCIM suite. The deal brings Viridity's DCIM and IT asset auto-discovery capabilities into Schneider's data center software portfolio to improve energy measurement and capacity optimization.

Bain Capital has agreed to acquire Australian business management and accounting software provider MYOB Ltd, buying the company from a consortium led by Archer Capital with participation from HarbourVest Partners. Reports value the deal at about A$1.2 billion; MYOB management will remain shareholders as Bain looks to accelerate the company's shift to cloud-based capabilities and drive further growth in the Australasian SME market.

NetApp has completed the acquisition of Akorri Networks, Inc., a Littleton, Massachusetts-based provider of performance capacity analytics and optimization software, in an all-cash transaction for approximately $60 million. The deal adds Akorri's BalancePoint performance and capacity analytics to NetApp's OnCommand management suite to improve visibility and optimization across virtualized IT stacks.