Gomez Acquires Sysformance AG
Combination creates the largest Internet performance network in Europe
LEXINGTON, Mass., Feb. 6 — Gomez, Inc., the leader in web application experience management, today announced it has signed a definitive agreement to acquire Sysformance AG, a privately held Internet performance monitoring company based in Zurich, Switzerland. Gomez will acquire all of the outstanding equity of Sysformance, which will now be known as Sysformance, a Gomez Company. The terms of the agreement have not been disclosed.
Through this acquisition, Gomez strengthens its platform for growth in Europe and solidifies its position as the largest software as a service (SaaS)-based web application performance and experience management company in continental Europe. Gomez adds more than 175 new European companies to its global customer base, increases its network coverage by more than 300 percent in Europe, and adds additional new performance management experts to the Gomez team. Finally, Gomez gains expertise in providing Internet performance monitoring to small to medium-size businesses which can be leveraged globally.
Sysformance, as a Gomez Company, will continue to sell and support its entire product line from its Zurich offices under the continued leadership of Simon Poole, Sysformance's president, who will now become director of Sysformance, a Gomez Company. Sysformance customers will experience no interruptions in either service or support.
"With the European market for Internet monitoring and customer experience management solutions growing at 25 percent year over year, the Sysformance/Gomez combination presents a powerful opportunity for our current and future customers," said Jaime Ellertson, CEO of Gomez. "Gomez is thrilled to embrace Sysformance's talented employees, proven technology and impressive customer base."
"We're delighted to join forces with Gomez," said Poole. "And while our customers will enjoy business as usual today, they will shortly be able to benefit from combined product and service offerings that will constitute the broadest and most comprehensive performance management solutions available in Europe."
Gomez is the leading provider of web application experience management solutions. Used by more than 600 companies worldwide, including eight of the top 10 most visited sites, six of the top 10 retailers, eight of the top 15 financial services firms, five of the top 10 social networking companies, and four of the top 10 industrial companies, Gomez's services, delivered in a software as a service (SaaS) subscription model, help companies ensure superior online experiences that satisfy customers, enhance brands and drive profits. Founded in 1997, Gomez provides the industry's only complete solution for managing web application experience from development through deployment and the entire application life cycle, featuring active monitoring, competitive benchmarking, and more than 12,000 data sources worldwide. Gomez is Network Computing magazine's "Editor's Choice" for best Internet performance monitoring service.
About Sysformance, a Gomez Company
Sysformance was founded in 1999 under the name of SysControl AG by Internet entrepreneur Simon Poole along with founding Swiss partner companies Avantec AG and GFR Solutions to provide secure, external website monitoring solutions to the commercial web. Under Poole's continuing vision and leadership over the years, the company set the standard for external web site monitoring solutions, serving more than 175 customers across industry sectors in Germany, Switzerland and Austria. Poole is a renowned expert in the Internet and online business fields. Company background information is available at www.sysformance.com.
Gomez, Gomez.com, and Sysformance are trademarks and/or service marks of Gomez, Inc. All other trademarks are the property of their respective owners.