FrontRange acquires Centennial Software

CRM provider FrontRange Solutions has acquired IT governance software provider Centennial Software for an undisclosed sum. UK-based Centennial Software is known for its asset management and network security software. The deal made sense to both parties as there is very little product overlap and both companies share a similar customer base as well as the same VAR partners. Centennial’s Discovery suite will be integrated into FrontRange’s HEAT help desk tool, along with its ITSM (service management), and Enteo (client lifecycle) products. FrontRange, for the record, has nine times the revenue of Centennial. Both companies are privately held.