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AppIQ

appiq.com

Founded Year

2001

Stage

Acquired | Acquired

Total Raised

$20M

About AppIQ

AppIQ provides storage consolidation solutions that help unify, share, network and virtualize storage.

Headquarters Location

200 Wheeler Road South Tower

Burlington, Massachusetts, 01803,

United States

781-425-6260

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Latest AppIQ News

Hewlett-Packard buys Peregrine Systems and AppIQ - Silicon Valley Business Journal

Sep 2, 2015

Save Article Hewlett-Packard Co. said on Monday that it has agreed to acquire two companies, AppIQ Inc. and Peregrine Systems Inc. Palo Alto-based HP (NYSE:HPQ) said it will pay $425 million in cash for San Diego-based Peregrine (Pink Sheets:PRGN), which makes software for managing information technology assets and services. It is paying $26.08 for each share of Peregrine, a nearly 37 percent premium over its closing price of $19.10 a share on Friday. No terms were disclosed for HP's purchase of privately-held AppIQ. The Burlington, Mass.-based company makes enterprise server and storage management technology and has 135 employees. AppIQ's investors include Menlo Park-based Matrix Partners, Waltham, Mass.-based North Bridge Venture Partners, Palo Alto-based Advanced Technology Ventures and Santa Clara-based Intel Capital. The AppIQ transaction is subject to certain closing conditions and is expected to be completed within approximately 45 days. That business will become part of the StorageWorks division of HP's Technology Solutions Group. Peregrine will be integrated into the HP OpenView business unit, when that acquisition is completed. It must be approved by Peregrine stockholders and is expected to be completed no later than the first quarter of 2006. Get Silicon Valley Newsletters and Alerts Morning Edition >> Afternoon Edition >> Breaking News Thank you for signing up To serve you better, please select your industry and job title Industry

AppIQ Frequently Asked Questions (FAQ)

  • When was AppIQ founded?

    AppIQ was founded in 2001.

  • Where is AppIQ's headquarters?

    AppIQ's headquarters is located at 200 Wheeler Road, Burlington.

  • What is AppIQ's latest funding round?

    AppIQ's latest funding round is Acquired.

  • How much did AppIQ raise?

    AppIQ raised a total of $20M.

  • Who are the investors of AppIQ?

    Investors of AppIQ include Hewlett-Packard, North Bridge Venture Partners, Matrix Partners, Intel Capital and Advanced Technology Ventures.

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