Tech Industry

Intraware to acquire Janus Technologies for $24 million

Intraware will announce Monday that it is acquiring Janus Technologies in a stock swap worth $24 million, the company said.

Intraware will announce Monday that it is acquiring Janus Technologies in a stock swap worth $24 million, the company said.

The move allows Intraware, which serves as a broker between software makers and customers, to expand its software management services. Janus Technologies software, Argis, generates budgets and forecasts, ensures software compliance, manages leasing, contracts and vendors, among other tasks.

Intraware plans to develop a web-hosted version of Janus' IT asset management software applications and adding it to Intraware's IT package.

Intraware's largest customers have been Netscape and software maker Commerce One. Other customers include business management software maker PeopleSoft, Hewlett-Packard, Novell, Computer Associates and Vignette.

As part of the deal Intraware will also acquire Janus' customer base, which includes Chase Manhattan Bank, United HealthGroup, American Home Products, and Prudential.

Intraware serves as the broker between software makers and their customers who are trying to save time and money by testing and downloading applications over the Internet. Intraware uses its bandwidth-heavy network to handle huge software downloads over the Web--so customers don't have to do upgrades for far-flung users across their own networks, which often have limited bandwidth.

Companies use a password to access their Intraware site, where they can track their various software licenses, upgrades, patches, the number of users on a particular application and other information.