ON TECHNOLOGY CORPORATION

ON TECHNOLOGY CORPORATION

Previous company name

Name change date

Company Overview
On Technology Corp is a US-based company engaged in the provision of computer integrated systems design. The company’s activities include: Writing, modifying, testing, and supporting software to meet the needs of a particular customer; Planning and designing computer systems that integrate computer hardware, software, and communication technologies; On-site management and operation of clients’ computer systems and data processing facilities; and other professional and technical computer-related advice and services.
On Technology Corp was incorporated in 1985 and headquartered in Waltham, Massachusetts. As of 2004, the company became a wholly-owned subsidiary of Symantec Corp., a global leader in providing security, storage and systems management solutions to help businesses and consumers secure and manage their information.
Business Summary
ON Technology Corporation is a provider of enterprise infrastructure management solutions that enable large and geographically distributed organizations to optimize the flexibility, reliability and security of their IT (information technology) infrastructures while simultaneously reducing operational costs. This is accomplished by simplifying and automating existing, manual IT processes and transforming them into unattended operations that can be performed on multiple systems simultaneously across the enterprise and all types of devices and networks. The Company’s open and scalable solutions are used to remotely manage a range of computing systems and devices over both wired and wireless networks, including corporate networks and the Internet. In February 2004, the Company was acquired by Symantec Corp., a provider of broad range of content and network security software and appliance solutions to individuals, enterprises and service providers,
Description and history
ON Technology Corporation, incorporated in 1995, is a provider of enterprise infrastructure management solutions that enable large and geographically distributed organizations to optimize the flexibility, reliability and security of their IT (information technology) infrastructures while simultaneously reducing operational costs. This is accomplished by simplifying and automating existing, manual IT processes and transforming them into unattended operations that can be performed on multiple systems simultaneously across the enterprise and across all types of devices and networks in a dynamic and adaptive manner. The Company’s open and scalable solutions are used to remotely manage a range of computing systems and devices over both wired and wireless networks, including corporate networks and the Internet. Typical managed devices include desktops, mobile PCs (personal computers), PDAs (personal digital assistants)/handhelds, servers, retail point-of-sale terminals, banking workstations, Internet kiosks and other vertically specialized devices. In February 2004, the Company was acquired by Symantec Corp., a provider of broad range of content and network security software and appliance solutions to individuals, enterprises and service providers.

Customers leverage the Company’s solutions to manage a range of functions in the lifecycle of their devices, such as initial provisioning, operating system and application deployment, ongoing application and security updates, disaster recovery and de-provisioning. As of December 31, 2002, the Company had licensed its software to over 825 customers worldwide, including ABC National Television Sales, Canon, Carnival Cruise Lines, Credit Suisse, DaimlerChrysler, Kaiser Permanente, New York Life, OfficeMax, Pfizer, Staples, SunTrust Banks, Swiss International Air Lines, The Home Depot, T-Systems and Volvo.

The Company’s solutions allow IT organizations to efficiently track detailed hardware and software configuration information in standard SQL (structured query language) databases and access management information and functions via intuitive, point-and-click, graphical interfaces. The Company’s products are based on an open, scalable, standards-based and extensible architecture, providing maximum flexibility and ease-of-integration with existing IT environments.

ON Command CCM, the Company’s traditional solution for Windows-based systems and devices, is typically used to “push” software across corporate LANs (local area networks) and WANs (wireless area networks) to hundreds or thousands of users from centralized servers.

ON iCommand builds upon the field-proven robustness of ON Command CCM while extending its capabilities, through the use of its new Java-based agent and server technology, to non-Windows platforms such as Linux, while adding enhanced capabilities for mobile and remote users, including users connected over the Internet. ON iCommand also includes a new Web-based administrative console, as well as an enhanced “self-service IT” module that further reduces IT load by allowing users to install and configure optional software in a controlled manner, from the convenience of their Web browsers, without requiring direct involvement by IT personnel. In 2003, the Company plans to add support for managing additional platforms such as Pocket PC, Sun Solaris, HP-UX and Mac OS X.

ON Command Remote is a remote control program for Help Desk professionals and service providers integrated with ON iCommand and ON Command CCM. ON Command Remote allows technicians to view remote screens and operate remote keyboards, without leaving their consoles, in order to remotely diagnose problems and reconfigure devices.

ON Command Discovery is a network inventory program that identifies which software and hardware assets are present, where they are located, how they are configured and when any changes are made to them. The program also provides software usage information and Web-based reporting, and is integrated with ON iCommand and ON Command CCM.

Competitors of the Company include Microsoft, Computer Associates International and IBM/Tivoli, which offer software distribution tools; software companies, such as Novadigm and Marimba, as well as others that provide software management solutions; vendors of low-priced suites, such as LANDesk and Altiris, which target both small-business and enterprise accounts, and hardware suppliers, such as IBM and Hewlett-Packard, which offer or bundle software management capabilities with their hardware offerings. In addition, Microsoft has bundled new management capabilities in its Windows 2000 and Windows XP operating system that, in conjunction with its Systems Management Server framework, directly compete with certain capabilities provided by the Company’s solutions.

Business Line
Provision of computer integrated systems design
Subsidiary

Advisor
PRICEWATERHOUSECOOPERS LLP
IPO date
8/1995
US SIC Code
7372
Company Address
Waltham Woods, Building 4
880, Winter Street
City province or state postal code
02451, WALTHAM, MA
Phone: +1 781 487 3300
Fax: +1 781 487 3301
Country address: UNITED STATES OF AMERICA
Website url: www.on.com