Peregrine Welcomes Loran to Its Nest In Network Management Matrimony
Peregrine Systems, Inc. agreed to acquire Loran Technologies in a stock
swap valued at $94 million. Loran is a Canadian company that specializes
in network management. Peregrine, a company with strengths in IT asset
management (see Peregrine
Swoops Down On Network Monitoring Company) and e-procurement (see
Look: Peregrine Offers Cradle to Grave Procurement) had previously
made an equity investment in Loran.
flagship product Kinnectics was the base for Peregrine's InfraTools Network
Discovery. This software can automatically discover all of the devices
and connections of a network, creating a detailed physical map down to
the port level. As a result of the integration work over the last year,
this map can be downloaded to Peregrine's ServiceCenter and AssetCenter
products, allowing for tracking of a company's network assets and the
service incidents relating to them.
With this announcement Peregrine sends signals to its traditional customers
that it is not forgetting its core strengths in IT management. Such a
signal may be welcomed after many recent Peregrine forays into the e-commerce
arena, including its recent $1.5 billion acquisition of Harbinger Corporation.
In truth, though, Peregrine seems to have never wavered in its commitment
to IT infrastructure management (see Peregrine
Polishes the Old In-Out-and-In-between).
increases in revenues and cash on hand, Peregrine is primed to further
solidify itself as a premier provider of cradle-to-grave IT asset and
infrastructure tools and systems.
This announcement speaks to potential users most strongly of the long-term
viability of Peregrine, since it has been integrating and selling Loran's
product for some time. What it says is that any user evaluating a Peregrine
product in a selection should feel confident about the company's vision
and ability to execute. These are not inconsiderable, and in some product
selections could outweigh any advantages that a smaller or less agile
company's products may have in meeting specific functionality requirements.