NTIQ Netiq (MM)

Francisco Partners, one of the world's largest technology-focused private equity funds, today announced it has successfully closed the transaction to purchase the WebTrends business unit, a division of NetIQ Corporation (Nasdaq:NTIQ), which was previously announced on March 28. As a private company, WebTrends now has increased strategic flexibility, quicker reflexes and the deep resources needed to expand its position of industry leadership and innovation. The WebTrends management team fully participated and supported the acquisition, and Greg Drew continues to lead the business in his new role as president and chief executive officer. Some members of the management team have also invested in the new business together with Francisco Partners. "It's clear that web-savvy organizations demand actionable analytics -- without sacrificing accuracy for ease of use -- to drive better decisions and greater results for all their online marketing and web site initiatives," said Greg Drew, president and CEO of WebTrends. "With our award-winning on-demand and software solutions, WebTrends is uniquely positioned to meet these needs. Now, with the deep capital resources of Francisco Partners, we can accelerate our efforts to extend WebTrends' position as the web analytics solution of choice for web-smart marketers worldwide." "We are very excited to participate in the next chapter of WebTrends," said Ben Ball, general partner of Francisco Partners. "WebTrends' existing assets, such as its experienced management team, industry expertise, brand strength, vast customer base and technology platform, combined with our strategic and financial resources, will provide for growth opportunities and even stronger market leadership." About WebTrends Thousands of web-smart organizations worldwide, including more than half of the Fortune and Global 500, rely on WebTrends to improve their web site conversions and optimize their marketing performance for maximum return on investment. As the worldwide market leader for web analytics, WebTrends has become the trusted standard not only for award-winning technology, but also for a full range of consulting services and unmatched industry expertise. By delivering accurate and actionable metrics through both on-demand and software options, WebTrends ensures that its customers are positioned for both immediate and long-term success with a solution that can adapt to ever-changing business and technical requirements. For more information, visit www.WebTrends.com. WebTrends and WebTrends On Demand are trademarks or registered trademarks of WebTrends Inc. in the United States and other countries. All other trademarks mentioned are the property of their respective owners.