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Germany-based Matrix42 Acquires U.S. Software Manufacturer FireScope

Newly Formed Union Will Expand Global Digital Workspace Management Capabilities

July 7, 2020 Matrix42, a leading provider of digital workspace management  solutions, today announced their acquisition of FireScope, a leader in the secure enterprise asset discovery and monitoring marketplace. As the leading providers of asset intelligence and service management solutions, this acquisition will result in creating one powerful provider of secure, Cloud-based digital work environments for the global workforce. 
During a global pandemic that is affecting companies of all sizes, this joint powerhouse of workspace management capabilities is crucial to the success of international and national business. According to an April 2020 Gartner report, “policies for device management, remote access and support for remote work have not scaled with the sudden spike in demand.” And, “the capacity of client and app virtualization infrastructure, network carrier service contracts and VPN infrastructure are not designed to support 100% of the organization working remotely.” 
Matrix42, based in Frankfurt Germany, is purchasing US-based FireScope for an undisclosed sum. The acquisition bolsters Matrix42’s entry into the US market, as well as expanding opportunities for FireScope’s solutions throughout the EMEA region. FireScope is a leading provider of visibility and intelligence for connected assets, with success in the North American market since 2006. As a partner of Matrix42 since 2018, FireScope counts Fortune 500 corporations such as Marriott Vacation Resorts, Sutter Health and Crown Media among its customers.   
“The digital workplace is moving more and more towards the Cloud, therefore developing into a mixed workspace with both on-premise and Cloud integration,” said Oliver Bendig, CEO of Matrix42. “For this reason, it is extremely important to create greater transparency over devices, apps, data, data center infrastructures, and cloud workloads for customers to enable simple and secure management of their digital work environments.”  
Bendig continued: “This makes FireScope technology the ideal addition to our product strategy and our product portfolio. In the last few quarters, we have been able to successfully integrate FireScope technology with our software within the scope of our partnership. Successful projects with European customers were only one of many reasons that affirmed our decision to acquire the company.”  
“We are honored to join forces with Matrix42 to combine asset intelligence, IT service management, and security solutions in order to advance the global digital workplace in the current pandemic business climate,” said Steven Cotton, CEO of FireScope. “During the ongoing pandemic, a high level of transparency and security regarding the business device and application landscape is very important to enable better use and secure management of workstations at home.” 
FireScope’s technology detects data streams between any type of end device or application and analyzes them in terms of communication and performance. Matrix42 is seamlessly integrating FireScope into its enterprise service management and secure unified endpoint management products. The resulting transparency will make cloud transformations secure and plannable for organizations. With the aid of FireScope, Matrix42 will help customers to integrate cloud and edge computing into the management of complex work environments.  
Matrix42 is also launching its entry into the US market with its extended portfolio. The existing North American customer base – which is supported from FireScope’s offices in Dallas and Los Angeles – is to be rapidly developed with the entire Matrix42 portfolio. Steven Cotton, founder and CEO of FireScope, will become part of the Matrix42 management team as Vice President and General Manager of the Americas, and will be responsible for the development and expansion of US business. Matrix42 will continue to rely on the partner-focused approach that the company has consistently taken since 2016. 

About Matrix42 
Matrix42 supports organizations in digitalizing their employees’ work environments and making them more secure. Our digital workspace experience software manages devices, applications, processes, and services in a simple, secure, and compliant manner. This innovative software seamlessly integrates physical, virtual, mobile, and cloud-based work environments into existing infrastructures. 
Matrix42 AG is headquartered in Frankfurt am Main, Germany, and sells and implements software solutions worldwide with the help of local and global partners.

About FireScope 
FireScope is an innovative cloud-based asset intelligence and IT service management solution provider. FireScope’s Secure Discovery and Dependency Mapping (SDDM) and Service Performance and Analytics solutions help companies discover the technology assets touching their network – both owned and unowned - and maps their inter-dependencies to provide a clear understanding of the business impact of those assets. FireScope’s tools provide persistent observation, dependency mapping and performance monitoring to uncover the true business intelligence of your assets, services and cloud migrations.