Sign in Subscribe
Computer industry

Marathon Technologies Corporation Appoints Peter Gyenes to Board of Directors

Strategic Insights

— 2 min read

Marathon Technologies Corporation, the leading provider of high availability solutions for Microsoft Windows environments, has announced the appointment of Peter Gyenes, a renowned industry leader, to its Board of Directors. Gyenes brings a wealth of experience, having served as Chairman and Chief Executive Officer of Ascential Software Corporation, which was acquired by IBM in 2005 for $1.1 billion. His appointment to Marathon's board is a significant move, as the company continues to strive for market leadership in the high availability market space.

Key Takeaways:

  • Peter Gyenes, a seasoned industry leader, has joined Marathon Technologies Corporation's Board of Directors, bringing extensive experience in the software and computer systems industry.
  • Gyenes previously served as Chairman and Chief Executive Officer of Ascential Software Corporation, which was acquired by IBM in 2005 for $1.1 billion.
  • Ascential's acquisition by IBM marked a significant milestone in Gyenes' career, showcasing his ability to lead and grow companies in the software industry.
  • Gyenes has four decades of experience in sales, marketing, and general management positions within the software and computer systems industry, serving on several boards, including Applix, Inc. and ViryaNet, Inc.
  • He is a graduate of Columbia University, with a B.A. in mathematics and an M.B.A. degree.
  • Gyenes' appointment to Marathon's board is expected to bring valuable insight and strategic vision to the company, as it continues to pursue exponential growth and market leadership in the high availability market space.
  • The company has a strong foundation, with a unique virtualization architecture and patented technology, making it a leader in the high availability market.
  • Marathon Technologies Corporation is a privately held, venture-backed corporation based in Littleton, Massachusetts, USA, with offices worldwide.

Statistics:

  • Marathon Technologies Corporation was founded in 1993.
  • The company has a unique virtualization architecture, based on patented technology that unites two unmodified industry-standard servers into a virtual configuration.
  • Marathon Technologies' high availability solutions are focused on keeping critical business process applications running in a Windows OS environment.
  • Peter Gyenes has four decades of experience in the software and computer systems industry.
  • Ascential Software Corporation was acquired by IBM in 2005 for $1.1 billion.
  • Marathon Technologies has offices worldwide and is a privately held, venture-backed corporation based in Littleton, Massachusetts, USA.

Sources:

  • Ascential Software Corporation's acquisition by IBM in 2005 (Source: SEC filing)
  • Peter Gyenes' biography on Columbia University's alumni website
  • Marathon Technologies Corporation's press release announcing Gyenes' appointment to the Board of Directors (Source: Marathon Technologies Corporation website)
  • Information on Marathon Technologies Corporation's history and products (Source: Marathon Technologies Corporation website)

Read more