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Centennial acquires Monactive to broaden 'SAM' market reach

- integrates leading provider of auto discovery tools to drive software asset management best practice -

Centennial Software, the developer of IT governance tools including the market leading Centennial Discovery, has acquired the business of Monactive Limited ("Monactive"), the software asset management expert, in a deal that brings together two complementary technologies in the area of software asset management (SAM).

The combined expertise of Centennial and UK-based Monactive will provide much needed solutions and support to organisations that face pressure to meet the ISO/IEC 19770-1 SAM standard. Designed to help firms better manage software used across their organisation, this standard came into force in May 2006 championed by bodies such as Investors in Software (IiS) and the Federation Against Software Theft (FAST), both of whom Centennial work closely with.

The merger of these complementary technologies is further evidence of the company's commitment to helping organisations improve IT governance, notably in regard to the cost effective licensing and management of software.

"As IT budgets come under increasing scrutiny, there's no doubt that organisations need better visibility of their IT estate in order to make well-informed decisions," said Andy Burton, CEO at Centennial Software. "This is particularly important as companies look to increase investment in commercial software which requires appropriate patching of security vulnerabilities and license compliance."

Burton continued: "With over 4,000 customers worldwide, we've seen a strong demand for our Discovery solution as a platform for ensuring effective IT governance through which companies can better control their network by providing not only a view of their entire IT inventory at the push of a button, but also tracking kit and providing deep-dive analytics. Our acquisition of Monactive is another step forward in our strategy as we look at ways to further build on our position as one of the leading providers of asset discovery and IT governance tools."

"We've seen a dramatic increase in the need for tools to help asset discovery as organisations have experienced first hand how these can impact not only on the bottom line by driving cost savings but also underpin the business by enabling compliance and minimising legal and security risks," said Ian Dunn, CEO at Monactive. "Having established ourselves as an expert in software asset management, we're really looking forward to working with Centennial to drive IT governance best practise - it's the logical evolution of our business."

About Centennial Software

Centennial Software (www.centennial-software.com) is a leading developer of asset management and network security solutions with more than five million licenses sold to blue-chip organizations around the world. Centennial's growing portfolio of solutions helps organizations better manage their IT infrastructure, maintain compliance and minimize operational risks. Centennial products are available through a global network of approved resellers and market-leading OEM vendors. The company operates offices in the USA, UK, Germany, Sweden and Australia.

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