On November 20, we announced that RightStar was acquired by XTIVIA, a company like RightStar except bigger. I’ll stay on for a minimum of three years running XTIVIA’s RightStar business unit. Not much is changing. RightStar will remain as a separate entity, reporting to XTIVIA CEO Dennis Robinson. What follows below is an excerpt from my Weekly Star article to RightStar employees.
It was a labor of love these past six months trying to find the best company that would be a win/win for all. I truly believe I hit the jackpot. XTIVIA is not a venture capital firm or equity partner only interested in cutting wherever they can and selling for a higher price later. They are looking for a long-term partner that will be successful over the long run.
XTIVIA has promised no personnel cuts and I believe them. While we can’t guarantee employment, I think (and XTIVIA agrees) that there is plenty of life left in RightStar and much to keep us busy moving forward. We have a good BMC pipeline going into next year to sustain our BMC business with several upgrades and new opportunities to start off the year.
Our Atlassian and Agile business units are also picking up steam. We’ve had several Jira Align calls recently and are building an impressive pipeline. Atlassian’s push to the cloud also creates enormous opportunity. Additionally, we have continued DCIM potential with Nlyte and roadmapping/strategy opportunity with our newest partner, Aha!
Don’t forget the tremendous cross-selling opportunity that XTIVIA creates. At some point we will start selling Remedyforce to XTIVIA’s Salesforce accounts. Or, Jira or Agile coaching to their software development customers. Don’t forget that Matrix, XTIVIA’s parent is also a BMC and Atlassian partner.
I enjoyed the trip down memory lane and viewing the pictures of our first All-Hands meeting from October 2003, more than 17 years ago. Big thanks to those for your 17 years of service to RightStar. Thanks also to others who are not far behind. I said 17 years ago that the future is so bright we’ll all need shades, and I meant it. Now, I’m happy to say the same thing, and I mean that too. Thanks everyone for your service to RightStar all these years. The best years are still to come.