
Systinet
Revolutionizes the way your organization develops, uses, and manages information technology.
Date | Investors | Amount | Round |
---|---|---|---|
investor | €0.0 | round | |
N/A | Acquisition | ||
Total Funding | 000k |
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Systinet, founded in 2000, established itself as a provider of service-oriented architecture (SOA) governance and life-cycle management software. The company's core business centered on enabling enterprises to build, deploy, secure, and manage web services and applications. Its client base consisted of large enterprises across various sectors, including financial services, telecommunications, insurance, and government, who used Systinet's technology to manage their SOA business services.
The company's main offering was the Systinet platform, a suite of products designed to provide a centralized system for an organization's SOA initiatives. This included the Systinet Registry, which allowed clients to organize, manage, discover, and publish reusable business services and other SOA assets. Another key component was the Systinet Policy Manager, which facilitated the creation and management of policies to govern these services. The platform aimed to bring structure and control to the application development process by enforcing architectural and technical policies, thereby mitigating the risks associated with SOA adoption. Systinet's products were based on industry standards like XML, SOAP, WSDL, and UDDI, ensuring interoperability with other web service implementations.
A significant milestone in the company's history was its acquisition by Mercury Interactive Corporation in January 2006 for approximately $105 million in cash. This acquisition was a strategic move by Mercury to establish a leadership position in the growing SOA market by integrating Systinet's governance technology with its own Business Technology Optimization (BTO) offerings. Following Mercury's subsequent acquisition by Hewlett-Packard (HP), Systinet's products were integrated into the HP software portfolio and continued to be developed and offered as HP SOA Systinet. The software later became known as Micro Focus Systinet after Micro Focus acquired parts of Hewlett Packard Enterprise's software business.
Keywords: Systinet, service-oriented architecture, SOA governance, lifecycle management, web services infrastructure, API management, application integration, Mercury Interactive, Hewlett-Packard, Micro Focus, SOA repository, policy management, UDDI registry, business service management, enterprise application integration, application lifecycle management, software governance, IT governance, system of record, web services security