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Tone Acquires The Casi Suite Of Z/Os Output Transformation Products

Aug 02, 2022•almost 3 years ago

Acquiring Company

Tone Software Corporation

Acquired Company

zOS Output Transformation Products

It ManagementEnterprise SoftwareSaasInformation TechnologySoftware

Description

Tone Software Corporation, a global provider of management and productivity solutions for IBM Z mainframes, announced the acquisition of the JES2Mail, JES2FTP, Mail2ZOS, and CICS2PDF host output transformation and delivery products from CASI Software, Inc.

Company Information

Company

Tone Software Corporation

Location

S Brookhurst St

About

Tone Software Corporation is a global provider of business computing software that addresses mainframe productivity, JES Spool management, dynamic STEPLIB and ISPF library management, cross-platform output management, TSO optimization and enterprise automation. Tone’s System Z solutions provide significant productivity and savings benefits to organizations, and directly benefit the IT teams responsible for managing, automating, supporting, and maintaining the critical z/OS host systems and applications pivotal to their company’s core mission. With a firm foundation of proven ability spanning more than four decades, TONE has built an unparalleled reputation for delivering premier software solutions and exceptional customer service and support 24 hours a day, 365 days a year. For information, visit www.tonesoft.com/mainframe. Tracey WhitneyTone Software Corporation(714) 991-9460info@tonesoft.com

M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed