Retains the same investors, executive board and leadership team
App-DNA, a provider of application compatibility management for enterprises, has announced the demerger of the business from its parent company Camwood, the UK-based firm involved in application logistics.
Headquartered in London and Chicago, App-DNA has grown from a software subsidiary of the Camwood services group to a global independent software vendor in two years.
App-DNA is the developer of the AppTitude application compatibility software platform that the company says accelerates application testing, remediation, and management for Microsoft Windows 7 migrations, Microsoft App-V and Citrix XenApp virtualization projects, Citrix server management and Internet Explorer upgrade projects.
Camwood CEO Frank Foxall said App-DNA and the AppTitude software are vital to the success of enterprise application management, so the firm’s success will only continue.
App-DNA retains the same investors, executive board and leadership team, following the demerger.
App-DNA CEO Mike Welling said they are at a point of natural departure for App-DNA to demerge from Camwood.
"Best serving our significant worldwide enterprise customers, global and regional services partners and the talented individuals who make up App-DNA, an independent entity is key for moving forward," Welling said.
Initially in 2008, App-DNA had a staff of four that has grown rapidly to a team based in 11 cities across the US, UK, France and Australia.
App-DNA last month expanded into a North American headquarters space in Schaumburg (Chicago), Illinois, and in January 2011, the company will move into its European headquarters offices in London’s financial district.