SolarWinds Acquires LogicNow
June 1, 2016
SolarWinds has acquired Dundee, Scotland-based IT service management firm LogicNow and will combine it with its SolarWinds N-Able business to form SolarWinds MSP. The deal — backed by a consortium led by Insight Venture Partners — is intended to expand SolarWinds’ automation, security, network management and service management capabilities for managed service providers; financial terms were not disclosed.
- Buyers
- SolarWinds, Insight Venture Partners
- Targets
- LogicNow
- Industry
- IT Services
- Location
- Scotland, United Kingdom
- Transaction Type
- Buyout
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