August 18, 2008 Alex Woodie
The consolidation of the midrange continued last month when The PowerTech Group, a leading developer of i OS security software, was acquired by Help/Systems and Audax Group, the private equity group backing the i OS utility developer. Few details of the deal are being released, as the companies are privately held and therefore under no obligation to spill the nitty gritty. What is known is that PowerTech will continue to function as a completely independent entity.
By all indications, PowerTech has become a powerhouse of i OS security software this decade. Whereas many of its competitors had been