LOS ANGELES, September 27, 2013 – Marlin Equity Partners (“Marlin”) is pleased to announce that it has acquired iolo technologies, LLC (“iolo”), a market leader in performance optimization software for PCs and mobile devices. The company’s solutions perform diagnostic testing to identify and resolve performance, stability and security related issues, ultimately helping devices run efficiently, reliably and problem-free. iolo has been merged with Phoenix Technologies, Ltd. (“Phoenix”), a Marlin portfolio company, expanding Phoenix’s solution set and strengthening its footprint within its existing customer base.
“The industry leaders in PC optimization and core system software are combining to create a company that dramatically enhances the utility of PCs, tablets and other mobile devices for their end users,” stated Rich Geruson, president and CEO of Phoenix. “The combination allows iolo to leverage Phoenix’s broad market reach and will expand the distribution opportunities for both current and future Phoenix-iolo products.”
“We believe the combination of Phoenix and iolo increases the addressable market for both businesses and also provides a unique value proposition for the major PC OEMs and ODMs, as well as end consumers,” stated Nick Kaiser, a partner at Marlin. “The acquisition of iolo supports Marlin’s commitment to grow and diversify Phoenix’s product offering beyond its core systems software capabilities.”
About Marlin Equity Partners
Marlin Equity Partners is a global investment firm with over $2.6 billion of capital under management. The firm is focused on providing corporate parents, shareholders and other stakeholders with tailored solutions that meet their business and liquidity needs. Marlin invests in businesses across multiple industries where its capital base, industry relationships and extensive network of operational resources significantly strengthens a company’s outlook and enhances value. Since its inception, Marlin, through its group of funds and related companies, has successfully completed over 65 acquisitions. The firm is headquartered in Los Angeles, California with an additional office in London. For more information, please visit www.marlinequity.com.
About Phoenix Technologies, Ltd.
Phoenix Technologies is the market leading provider of Core Systems Software products, services and embedded technologies that enable the PC industry’s top system builders and specifiers to differentiate their systems, reduce time-to-market and increase revenues. Its flagship products — Phoenix SecureCore Technology™ and Embedded BIOS® — are revolutionizing the PC user experience by delivering unprecedented performance, security, reliability, continuity and ease-of-use. Since its original BIOS product in 1983, Phoenix has shipped firmware in over one billion systems. Phoenix is headquartered in Milpitas, California and has offices worldwide. For more information, please visit www.phoenix.com.
For additional information, please contact Peter Spasov at (310) 364-0100 or via e-mail at email@example.com.