SMA Technologies Acquires Serengeti Systems
Deal Adds Managed File Transfer (MFT) Capabilities to SMA’s Leading Workload Automation and Orchestration Solution for Transactional Businesses
SMA Technologies Inc., makers of OpCon workload automation and orchestration solution for financial services, retail, and other transactional businesses, has acquired Serengeti Systems, a leading provider of file transfer and connectivity solutions. Terms of the transaction were not disclosed.
SMA will integrate Serengeti’s Robo-FTP solution for Managed File Transfers (MFT) into its offering, enabling customers to easily automate managed file transfers to keep pace with the increasing number of workloads and applications they support.
“We are excited to partner with the Serengeti team to bring Robo-FTP’s native file transfer capabilities into the OpCon family of solutions,” says Todd Dauchy, CEO of SMA Technologies. “This addition allows us to offer customers the powerful combination of workload automation and orchestration with the reliability, security and performance of a leading MFT solution.”
MFT has become increasingly important as companies accelerate digital transformation initiatives. With digitization, the number and size of data files has increased and are being shared across more systems and third parties.
“With MFT integrated into OpCon, customers can replace multiple tools and manual tasks, saving time, eliminating human error and providing the speed and agility needed to meet business requirements,” Dauchy said.
The Serengeti acquisition is the first since SMA received a majority investment from ParkerGale Capital in September 2020 to accelerate the company’s growth. SMA and ParkerGale are committed to expanding its offering to meet the increasing needs of customers as digital transformation and other IT initiatives drive demand for enterprise-grade automation platforms that can integrate with legacy and modern systems.
For Serengeti, the acquisition provides an opportunity to expand its reach and accelerate innovation.
David Lykes Keenan, founder of Serengeti, states, “Since I founded the company in 1986, Serengeti has prided itself on its innovative products that customers highly valued. The acquisition by SMA will provide the resources and capabilities to deliver this value to more customers and provide broader opportunities for our employees. The future has never been brighter.”
Serengeti’s team will join SMA and ensure a smooth transition for customers. Errol Siegel, who manages the company’s operations, says “It has been our mission to create a new standard for secure, reliable managed file transfer with Robo-FTP. With the backing of SMA Technologies, we could not be more excited about the future.”
About SMA Technologies
SMA Technologies is the maker of OpCon, the leading workload automation and orchestration platform for financial institutions, insurance companies, retailers, and other transactional businesses. The platform delivers enterprise power and scalability without the complexity or cost. OpCon enables companies to easily automate manual tasks and seamlessly orchestrate workloads across business-critical operations, saving time and reducing cost by eliminating human error and deploying IT resources on strategic initiatives. OpCon is used by more than 600 clients across 27 countries and territories. Please visit www.smatechnologies.com to learn more.
Release Contact
Ryan Driscoll
VP of Marketing, SMA Technologies
rdriscoll@smatechnologies.com
SOURCE: SMA Technologies Inc.
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