Schaumburg, IL and Santa Clara, CA - Oct 22, 2008 - Acresso Software, a privately-held company of Thoma Bravo, today announced three key appointments to the company's senior management team, naming Joseph Freda as Chief Financial Officer, Roger Bottum as Senior Vice President of Marketing, and Vincent Smyth as General Manager, EMEA.
"Each of these executives brings incredibly deep software and technology domain expertise as well as a strong track record of business success to Acresso," said Mark Bishof, President and Chief Executive Officer for Acresso. "Joe, Roger and Vincent have first-hand experience in meeting software producers and high-tech manufacturers, enterprise IT and developer needs. These key appointments support our market commitment and aggressive growth strategy."
Acresso Software provides solutions that help simplify the business relationship between software producers and enterprises. Acresso's product line includes the FlexNet® and InstallShield® family of products that were previously offered by Macrovision Corporation prior to Thoma Bravo's April 1, 2008 acquisition of Macrovision's Software Business Unit that resulted in the formation of standalone company, Acresso Software.
Flexera is reimagining the way software is bought, sold, managed and secured. We view the software industry as a supply chain, and make the business of buying and selling software and technology asset data more profitable, secure, and effective. Our Monetization and Security solutions help software sellers transform their business models, grow recurring revenues and minimize open source risk. Our Vulnerability and Software Asset Management (SAM) solutions strip waste and unpredictability out of procuring software, helping companies buy only the software and cloud services they need, manage what they have, and reduce compliance and security risk. Powering these solutions and the entire software supply chain, Flexera has built the world’s largest and most comprehensive repository of market intelligence on technology assets. In business for 30+ years, our 1200+ employees are passionate about helping our 80,000+ customers generate millions in ROI every year. Visit us at www.flexera.com.