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  1. Technology
February 25, 1999


By CBR Staff Writer

By William Fellows

By creating the tools to manage application integration, New York-based Nastel Technologies has staked a claim on a lucrative piece of EAI real estate that’s coveted by a number of prospectors. President and CEO Krish Shetty says there are a slew of interested parties who want to get much closer to the privately-held firm, which expects to record $15m in revenue this year. Shetty insists that no final decision has been taken on whether to pursue an acquisition opportunity or IPO strategy but in the meantime says it still can’t comment on any relationship it has with Platinum Technology Inc, one of a handful of companies said by insiders to have an acquisitive eye on Nastel. Of course Platinum, whacked by an unexpected shortfall in its service business has called a moratorium on acquisitions for at least six months, so perhaps some other kind of relationship is in the wind. Shetty doesn’t find any suggestion unpalatable: it depends what they [a buyer] have in mind. Shetty claims the privately-funded company is running on the cash it generates and is profitable. It claims to have 25 enterprise customers and expects to have 150 employees by year-end. It counts BMC/Boole & Babbage and Landmark as distribution partners. Nastel is a step above traditional rule-based management tools from Computer Associates, Tivoli Systems et al, according to Shetty, who says Nastel should not be regarded as a pure EAI play. Its IBM MQSeries-based tools manage the integration of applications and the infrastructures used whether it be Tibco, Neon or other plumbing or message brokering environments. Nastel this week introduced its first suite of Java-based middleware management tools called AutoPilot. As well as managing object request brokers and OLTP monitors, Nastel says it looks after communications, naming, security, persistent storage, logging and managed systems. It supports SNMP. AutoPilot/MQ supports MQSeries management on a range on platforms. Prices start at $100,000. It’s also offering a new 3.5 version of its MQControl point product which can be integrated with CA, Tivoli and OpenView to manage MQSeries 5.0 installations. It now provides group and local management support and offers new authentication and security processing for MQSeries messages. It starts at $15,000.

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