Metsi acquires TransactIQ
Press Release, August 28, 2018, Metsi acquires TransactIQ
Metsi Technologies has completed its acquisition of TransactIQ, www.transactiq.io, a company focused on application performance management (APM), network emulation, IoT simulation, and blockchain interoperability solutions, for an undisclosed amount. TransactIQ evangelizes best practices for application delivery, testing, monitoring, and management with strategic business outcomes in mind.
“We acquired TransactIQ due to their extensive background in traditional enterprise software management, and their 20+ years of thought leadership in application performance engineering and testing services. This will allow us to augment our Cisco portfolio with AppDynamics services capabilities.” said Rachael Babcock, CEO of Metsi Technologies Inc., Metsi’s Americas organization.
“Together Metsi and TransactIQ will become a unique Cisco partner that can deliver end-to-end multi-cloud application provisioning and performance management for next generation data centers.” said former TransactIQ CEO, Phillip Odom. Mr. Odom will take on the new role of Vice President of Technology Services for Metsi Technologies Inc. and will be tasked with developing Metsi’s global APM practice.
“With this strategic acquisition, we underline our ambition to become a dominant software integration player in the American market and strengthen our portfolio in the fast growing application performance monitoring business.” said Mik Hillewaert, Global CEO of Metsi Group Ltd.
Established in 2012, Metsi Technologies is a privately-owned global software integrator with local presence in the US, UK, Germany, and South Africa. Metsi’s team of highly specialized engineers build the foundation for rapid, scalable multi-cloud deployments. We design and deliver complex application, cloud, and networking solutions, and have the privilege of serving over 100 large enterprise customers worldwide in Finance, Telecommunications, Transportation, Government, Healthcare, Managed Service Providers & Systems Integrators.