NetIQ to Sell WebTrends Business Unit to Francisco Partners

NetIQ Corp. (NASDAQ: NTIQ), a leading provider of integrated systems and security management solutions, today announced that it has entered into a definitive agreement to sell its WebTrends web analytics business unit to Francisco Partners, one of the world's largest technology-focused private equity funds. Pursuant to the agreement, Francisco Partners will acquire NetIQ's WebTrends business unit for approximately $94 million in cash.

[Marketwire]