Torch products are well known within Zim’s customer community for their Database Migration tools and have a product portfolio that allows enterprise clients to rapidly and cost effectively migrate and manage multiple database platforms.
Torch’s advanced portfolio of database migration and management products will strengthen and complement Zim’s enterprise database products, while combining product portfolios, said Cowpland.
The new product portfolio is intended for Zim’s solution offering for existing and new clients. Deal terms of the acquisition were not disclosed.
“This acquisition is a strategic step in our overall enterprise database product portfolio plans” said Cowpland, president and CEO of Zim, “We’ve been successfully working in partnership with Torch for over a year. Their unique technology offerings combined with Zim’s enterprise database products and our recently announced Gold Level partnership with Oracle are a natural fit and will provide a powerful solution to meet the growing needs of our enterprise clients. In addition, we’ll invest further R&D resources into Torch to expand the product suite and increase its capabilities.”