J9’s Services and VAR businesses to merge with Foulk Consulting
J9 Technologies announced today it intends to spin off its Professional Services and Value-Added Reseller (VAR) businesses, which will merge with Foulk Consulting in a transaction which is anticipated to close before the end of March. Going forward J9 will operate as StreamWeaver, focusing on its ground-breaking enterprise-grade integration platform for IT operations management (ITOM), OpStream.
“As a standalone software company, StreamWeaver will thrive in ways not possible as a part of a company that also includes the business of selling other vendor’s products – in the same way that I believe that the VAR and consulting business will blossom without being managed as part of a software company. We’ll be able to focus on building the best integration software product that will help the greatest number of enterprises realize the value of their IT operations investments. Plus, our channel focused go-to- market strategy will help us to bring this value to more companies worldwide by leveraging partners with the right expertise.” said Al Wasserberger, CEO of StreamWeaver.
J9 and Foulk have collaborated for over a decade, sharing some of the same clients and technology vendor partnerships, as well as a commitment to growing by consistently exceeding expectations for customer service. This will be a seamless transition for existing J9 customers as the J9 consulting and support teams and systems will stay intact, operating under the Foulk banner once the transaction closes. With this transaction, Foulk adds J9’s best-in- class enterprise ITOM capabilities to its established high caliber enterprise application development management (ADM) operation. Both J9’s and Foulk’s customer bases will now have the ability to work with consultants at the same elite level as they complete their journeys towards full-cycle DevOps IT models.
StreamWeaver will have a single-minded commitment to the OpStream product – speeding the development of new capabilities which our customers and OEM partners need. StreamWeaver will go to market through a network of channel partners who specialize in implementing the IT operations tools that OpStream connects, including of course Foulk Consulting, who will be among the premier partners for StreamWeaver. The StreamWeaver Channel Program, which will be announced shortly after the transaction closes, allows VARs who are experts in such tools as IBM Tivoli/Netcool, Micro Focus OpsBridge, Oracle Enterprise Manager, Splunk, Microsoft SCOM, Dynatrace, AppDynamics and many others, to profitably bring rapid enterprise-class integration to their clients.
“EMA research and consulting consistently reinforces the need for more accurate, timely, and complete data for a wide variety of use cases,” said Dennis Drogseth, VP, Enterprise Management Associates. “OpStream is uniquely positioned to become an industry game-changer as a data integration platform for operations -- supporting analytics for optimizing IT service delivery and performance. The decision of StreamWeaver to focus on development and product management, while engaging trusted partners, such as Foulk, to support its consulting needs, should accelerate OpStream’s marketplace acceptance, and in the end, provide better value for OpStream customers.”
“I’m excited about the new capabilities coming over from J9. We’ll now be able to provide solutions for both ADM and IT operations to help our clients to navigate the shift to DevOps,” said Ryan Foulk, President and CEO of Foulk.