Tuesday, July 21, 2009

Tek-Tools Claims Record Quarter

Dallas-based Tek Tools Software, a developer of IT resource management software, said today that the privately held firm had a "record" second quarter. According to the privately held firm, it saw a 45 percent increase in revenue over the same quarter last year. The privately held company did not release actual financials. The firm attributed the increase in demand in companies looking to manage their virtualized servers, with the firm's Profiler Suite accounting for 57 percent of its revenues in the quarter.