VISUALIZATION

MENLO PARK, Calif. -- Cassatt Corporation, headed by former BEA chairman and CEO Bill Coleman, today announced its entry into the autonomic computing market. The company will offer software and services to help enterprises implement agile business architectures which adapt to meet changing workplace requirements. Coleman, the chairman and CEO of Cassatt, has assembled a team of industry veterans to lead the new company. The company is being funded by Warburg Pincus, the global private equity firm. Terms of the investment were not disclosed. "We are entering a disruptive new phase of service-oriented, commodity-based enterprise computing," Coleman said. "Cassatt will help customers manage and reduce the cost and complexity of their information technology infrastructure. We will provide the systems and services that are critical to their business success as this wave sweeps aside traditional computing environments." "The shift to commodity computing is creating an opportunity for the next major infrastructure software company," said Cary J. Davis, a Warburg Pincus managing director and a director of Cassatt. "At Warburg Pincus, we take advantage of these types of market discontinuities by working with outstanding management teams, such as the group assembled by Bill Coleman, to build durable enterprises." The Cassatt management team is comprised of: -- William (Bill) T. Coleman III, CEO and chairman -- founding CEO of BEA and former head of Sun's professional services and software development. -- Brian Berliner, CTO -- award-winning author of popular open source CVS software, co-founder and engineering leader at ChannelPoint and Allocity, he previously held senior engineering positions at Sun, Prisma and Convex. -- Mark Forman, executive vice president, Worldwide Services -- most recently E-Government innovator and CIO for the federal government and former leader in e-business at Unisys and Global Services at IBM. -- Paul Hoffman, executive vice president, Worldwide Sales -- veteran information technology sales executive formerly head of worldwide sales at SeeBeyond and Documentum; he previously held senior sales management positions at Oracle. -- Dave McAllister, vice president, Product Marketing -- open source enterprise computing pioneer, former executive at NEC, Egenera and 3Ware, and engineer and manager at SGI. -- Steven Oberlin, executive vice president, Product Development -- former chief architect of Cray Research's distributed computing systems and engineering vice president at Cray and SGI. -- Karen Willem, executive vice president and CFO -- most recently CFO of iVast and previously CEO of Viewcentral, CFO at Brio, previously held senior sales and financial management roles with Network Associates, Hewlett Packard, Gupta and Ford. "Warburg Pincus had a long and successful history with Bill Coleman at BEA Systems," said William H. Janeway, a Warburg Pincus vice chairman. "We are pleased to have the opportunity to back him again at Cassatt."