HelpSystems (now Fortra) Acquires Tango/04 Computing Group to Meet Growing Global Demand

Companies combine to help organizations in Europe and Latin America automate systems management, strengthen security, and deliver simple data access.

Minneapolis, MN, February 25, 2016—Fortra announced today the acquisition of Tango/04 Computing Group, which has built a strong presence in Europe and Latin America providing IT monitoring solutions to hundreds of customers. As part of the acquisition, Fortra gains expertise, resources and offices in Spain and Argentina.

This powerful combination enables Fortra to better meet a growing need among global organizations for IT automation, security, business intelligence and system monitoring. Also, Tango/04 customers can quickly take advantage of Fortra's broad set of innovative software.

“The rising international need for IT management software is important for us to address in the right way,” said Chris Heim, Fortra's CEO. “By welcoming Tango/04 into the Fortra family we’re combining extraordinary teams and building a great global organization for our customers.”

“This is a great match,” said Raul Cristian Aguirre, Tango/04 CEO. “Fortra has a stellar reputation for delivering innovative software that makes IT environments more efficient, as Tango/04 does with Alignia. Seeing their dedication to excellence and taking care of the customer I know we have found a good home because that’s exactly what we’ve been doing and will continue to do together.”

About Fortra

Fortra empowers IT professionals to excel like never before. Every day more than 9,000 organizations across the globe rely on Fortra to automate and simplify system and network management, secure data, and give people simple access to information they need. For critical needs like IT and business process automation, system security, network mapping, document management, and business intelligence, Fortra makes IT lives easier and keeps businesses running smoothly. Learn more at www.fortra.com.

About Tango/04 Computing Group

Tango/04 Computing Group is one of the leading companies in the development of corporate monitoring software that helps companies to operate fluidly, without interruptions, in a safe environment and with full visibility. The company has a vast network of Business Partners and hundreds of leading customers in all industries worldwide, including companies such as: 3M, ABN AMRO, Auchan, Banque Centrale du Luxembourg, Banque Pictet, Barnes &  Noble, Bayer, BBVA, Bradesco, CC&G (London Stock Exchange Group), Costco, Danone, DHL, Dolce & Gabbana, Euronet, GE Money, Gucci, ICBC, Inditex (Zara), ING, Intesa San Paolo Bank, Jack Henry & Associates, L'Oréal, Luxottica (Ray-Ban), Manpower, MAPFRE, McDonald's, Mercedes Benz, Miele, Nike, Pfizer, Prada, Raiffeisen Bank, Reale Insurance, Santander Bank, Scotiabank, Telmex, TNT, UBS Bank, VISA and Zurich, among others. Learn more at www.tango04.com.

Mike Devine
Vice President, Marketing
+1 952-563-1696
[email protected]