San Francisco -- Thoma Bravo, a San Francisco-based private equity firm, said on Tuesday it will acquire a controlling interest in Minneapolis-based Network Instruments a developer of network and application performance management tools. Financial terms of the deal, expected to close later this month, were not disclosed. Since 1994, Network Instruments has supplied software and hardware platforms to help clients accurately report network and application behavior, resolve IT problems and optimize performance. "We look forward to working with Network Instruments to continue growing the business through both market and product expansion," said Seth Boro, a partner at Thoma Bravo.
http://www.networkinstruments.com
http://www.thomabravo.com
http://www.thomabravo.com/2012/04/10/thoma-bravo-takes-controlling-interest-of-network-instruments/