"Wellington has been a continuous driver to go for the big play, and expand into the US to make that possible.
They have been pushing that strategy all the way through to the successful exit to IBM."
|From Southern France to Silicon Valley|
Wellington Partners invested in Meiosys in February 2003. At that time, it was a small, French-based software company, a pioneer in application relocation and fault-tolerant computing. But its real success story started in 2004, when the company relocated its headquarters to Palo Alto and won seasoned Valley executive Jason Donahue as its new CEO. The company’s new proximity to major partners like Sun Microsystems and Hewlett Packard quickly speeded up its internal momentum, and Meiosys soon also caught the attention of IBM. In June 2005, IBM, now one of its main business partners, acquired Meiosys and immediately began offering the Meiosys software as an integral part of its own product portfolio.
Wellington Partners provided strong support for the company’s swift globalization, and has helped it gain access to key players in the U.S. market. Following the Meiosys example, Wellington Partners has continued to support any number of other portfolio companies as they move to establish U.S. operations or even relocate their headquarters there – a promising path to success for European technology companies.