Mar 2011

SmartBear Software Expands its Cloud and Mobile Offering Through Acquisition of AlertSite

Adds to SmartBear’s Fast Growing Community of 100,000 users in 90 Countries

Beverly, MA, and Coconut Creek, FL – SmartBear Software today announced the acquisition of AlertSite Inc., a global leader in web and mobile performance management solutions. This acquisition comes on the heels of a high growth year for SmartBear with 50 percent sales growth, strong profitability, and a user community that has surpassed 100,000 users. Signal Hill Updata acted as sole financial advisor to AlertSite Inc. in this transaction.

SmartBear delivers quality and performance tools throughout the quality lifecycle, anywhere on the desktop, mobile and the cloud. The addition of AlertSite significantly expands SmartBear’s cloud and mobile offering and will allow customers to drive quality from development and testing of websites and applications, to assuring their continued performance after they are deployed.

Joe Krivickas, CEO of SmartBear Software said, “AlertSite’s cloud-based solutions for web and mobile performance monitoring are a great addition to our existing development and testing tools. We are realizing our vision to unite operational performance with quality assurance and development, ensuring quality across the entire lifecycle of an application or website. We are excited to welcome all AlertSite customers and employees to the SmartBear family and truly enable quality anywhere on the desktop, mobile and the cloud.”

About AlertSite
AlertSite is a global leader in Web and mobile performance management solutions that continuously improve the Web user experience. The Company’s flagship product, DjClick, is the only Web performance monitor that measures a user’s end-to-end website and mobile experience enabling companies to speed up and optimize Web and mobile solutions. Over 2,300 small to enterprise-level companies rely on AlertSite’s comprehensive suite of services to increase website and mobile ROI.

About SmartBear Software
SmartBear Software provides enterprise-class yet affordable tools that deliver quality and performance throughout the entire software quality lifecycle enabling code quality; QA efficiency; and application performance anywhere on the desktop, mobile and in the cloud. Our collaboration, code quality, test automation, performance monitoring and ALM tools help more than 100,000 professionals to build and run some of the best software applications and websites in the world. Our users can be found around the world, in small businesses, Fortune 100 companies, and government agencies.