Zoho Success Leads to ZOHO Corp.
Parent Company Renamed to Reflect Zoho’s Emergence as Dominant Division
PLEASANTON, Calif.–Zoho today announced that the name of its parent company has changed from AdventNet, Inc., to ZOHO Corporation, effective immediately. The name change represents the evolution of the company and the emergence of Zoho as its widely known division. The corporate website for ZOHO Corp. will be www.zohocorp.com.
“In 1996, we started the company with a primary focus on network management. Over the years, we grew significantly, serving different markets,” said Sridhar Vembu, founder and CEO of ZOHO Corp. “We are now best known for the Zoho suite of on-line business applications. Given the reach of Zoho, we are renaming the company to ZOHO Corporation, and Zoho.com will be one division. The other divisions — ManageEngine and WebNMS — will continue operating under their established names and also become divisions of ZOHO Corp.”
The new name complements the rich history of ZOHO Corp. Founded in 1996, the 13-year old company has grown to 1,000 employees and remains privately held and profitable, having never sought nor raised venture capital. ZOHO Corp. will have three divisions:
* WebNMS division, which serves the needs of hundreds of original equipment manufacturers (OEMs);
* ManageEngine division, focusing on enterprise IT management; and
* Zoho.com division, focusing on on-line business, productivity and collaboration applications
While the AdventNet name will be retired, ZOHO Corp. will continue to operate under the same guiding, customer-honoring principles that brought the company to prominence. Likewise, the company will continue to maintain its headquarters in Pleasanton, CA with offices in Austin, New Jersey, London, Tokyo and Beijing. Engineering will remain based in Chennai, India.
“I’d like to thank all our customers who have been with us all along, for their continued support and letting us serve them,” Vembu continued. “We will stay customer focused and will continue our commitment to serve their needs even better in the future.”
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Zoho is a comprehensive suite of award-winning on-line business applications. Customers use Zoho to run their business processes, manage their information and be more productive while at the office or on the go, without having to worry about expensive or outdated hardware or software. To date, Zoho has launched 19 different applications — from CRM to Mail, Reports, and Wikis. Zoho has received numerous awards, including a 2009 Webware 100 Award, a 2008 PC World “25 Most Innovative Products Award” and a 2007 TechCrunch “Best Enterprise Start-up.”
Zoho is a division of ZOHO Corp., a privately-held and profitable company. With headquarters in Pleasanton, CA and offices in Austin, New Jersey, London, Tokyo and Beijing, ZOHO Corp. serves the technology needs of more than 40,000 customers worldwide. For more information about Zoho, please visit http://www.zoho.com/.