OpenVision, a new Pleasanton, California company headed by Michael Fields, former president of Oracle USA, launched its first product, claiming that it represents the industry’s most advanced approach moving vital corporate-wide applications from mainframe to client-server networks by providing mainframe-like systems management capabilities for large geographically dispersed networks of different computers. Founded in July, the has been built with $25m in funding from Warburg, Pincus Ventures, and begins life with $12m in revenue from a suite of 15 current products and services – some third party – which the firm is integrating to create its OpenV*OPSS operations, performance, storage and security systems management programs suite.
