Capstone Partners Advises Advanced Systems Concepts on Acquisition by Help Systems
Capstone Partners has advised Advanced Systems Concepts (ASC), a provider of software products and options for users of Windows, UNIX, Linux, HP OpenVMS and NSK systems, on their sale to Help Systems. The terms of the deal were not disclosed.
Based out of Morristown, NJ ASC also provides NSK systems as well as IBM z/OS, AIX, i5OS and SCO UNIX. These products provide answers to software developers and system managers with improved system efficiency and utilization. It’s flagship product, SEQUEL, is a data access and analysis tool.
Help/Systems develops, markets, and supports automated operations software for the IBM System i and its iSeries and AS/400 predecessors, as well as for the servers that attach to them.
With the acquisition, Help/Systems can use ASC’s SEQUEL to bring a complementary technology that broadens the scope of its existing set of management products, with the capability to provide graphical query and reporting, executive dashboards, and other data access and analysis tasks.
“We intend to invest heavily into the development of the SEQUEL product,” said Jim Cassens, the former chief technical officer at Help/Systems, who was named as ASC’s new President. “It will continue to grow with the needs of its customers, just like it always has. One thing that customers can expect in the future is integration of the various ASC products into the Robot products as well as integration the other way.”