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Western Digital Adds Director; Gartner Forecasts Jump in Chip Sales, Slower Growth in '11
TECHNOLOGY
Irvine-based Integrien Corp., a maker of software for online transactions, is being acquired by Palo Alto's VMware Inc., a leader in virtualization software that allows different operating systems to run on a single computer.
VMware said earlier this month it agreed to buy Integrien and Los Gatos-based TriCipher Inc., a maker of identity and access management software, for undisclosed terms.
A report on technology news website Socaltech.com pegged the Integrien deal at $102 million, citing "sources close to Integrien."
Integrien Chief Executive Dale Quayle declined to comment on the value of the deal.
The acquisitions are expected to close in the current quarter.
Integrien's software helps online businesses monitor online transactions. The software is used to keep tabs on e-commerce, stock trading and other programs that are costly if they fail.
The software crunches data and tells technology workers when to pay attention and what to pay attention to in order to head off problems.
It targets customers in healthcare, banking, payment processing and online retail. Local customers include Western Digital Corp. and QLogic Corp.
The Business Journal estimates Integrien...