N‑able Acquires Adlumin to Add Cloud‑Native XDR and MDR Capabilities

November 20, 2024

N‑able, Inc. (NYSE: NABL) has acquired Adlumin, Inc., an enterprise-grade security operations platform provider, to integrate cloud-native XDR and MDR capabilities into N‑able's unified IT management and security platform. The transaction includes approximately $100 million cash at close, 1,570,762 shares of N‑able common stock, $120 million in cash installments over two years, and up to $30 million in potential earn-outs, and is intended to accelerate ARR growth and expand N‑able's security offering for MSPs and internal IT teams.

Buyers
N‑able, Inc.
Targets
Adlumin, Inc.
Industry
Cybersecurity
Location
District of Columbia, United States
Transaction Type
Buyout

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