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For Immediate Release
Ambeo Signs Definitive Merger Agreement with Embarcadero Technologies
Colorado Springs, CO - October 17, 2005
Ambeo is pleased to announce the signing of a definitive agreement to be
acquired by Embarcadero Technologies, a leading provider of data lifecycle
management solutions, in a cash merger. This merger provides Ambeo the
opportunity to reach a broader customer base and capitalize on the rapidly
expanding database access, auditing and compliance market.
"Our partnership with Embarcadero will allow Ambeo to serve an even broader
set of customers, and at the same time, increase our R&D investment to further
our leadership position in database access, auditing and compliance," said Ken
Richardson, President and CTO of Ambeo.
"Combining the resources of Embarcadero with the market momentum of Ambeo
creates a potent formula that not only raises the value of the technology
investment for our current customers but also creates a strong value
proposition for companies currently searching for the right database
security solutions." According to Ambeo’s COO Kevin Wion.
About Ambeo
Since 1997, Ambeo's solutions have provided innovative performance management,
data usage tracking, and data privacy auditing to Fortune 1000 companies
with some of the largest database environments in the world. Ambeo's
True Zero Overhead™ solutions provide information about how users actually
interact with data, which would otherwise be largely unavailable or
difficult and costly to obtain. By using this information, IT
management gains the visibility and understanding of data usage
required to proactively manage data environments, assure data
privacy and regulatory compliance, maximize database investments,
improve performance and ensure end user satisfaction. Ambeo provides
data usage tracking and monitoring for Oracle, Teradata, DB2/UDB,
Informix, Sybase ASE, Sybase IQ and MS SQL Server database environments.
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