AUSTIN, Texas – June 1, 2016 – SolarWinds, a leading provider of powerful and affordable IT management software, today announced it has completed the acquisition of LOGICnow – backed by a consortium of investors led by Insight Venture Partners. LOGICnow is a global provider of integrated cloud-based IT Service Management (ITSM) solutions focused primarily on the MSP community. With this acquisition, SolarWinds is bringing together LOGICnow and SolarWinds N-able to create SolarWinds MSP, uniting two complementary leading players in the managed services solutions market to deliver a strong and complete portfolio of capabilities to MSPs of every size and scale worldwide. SolarWinds is backed by Silver Lake Partners and Thoma Bravo, two leading global technology investment firms with established track records of growing technology companies.
This acquisition of LOGICnow is a major advance in SolarWinds’ mission to provide products that are purposefully designed to make the jobs of IT professionals easier. SolarWinds MSP will have unrivalled capability to deliver comprehensive, scalable IT services management solutions to MSPs of every size across the world. These solutions encompass data-driven automation, security, network management and service management. As a combined entity, SolarWinds MSP will serve more than 20,000 managed service providers worldwide, managing more than five million end-points and one million mailboxes. SolarWinds MSP will be at the heart of the largest community of MSPs in the world, with around 200,000 engineers using its products every day.
“SolarWinds is committed to the growing MSP market and has realized great success through the acquisition of N-able, making the acquisition of LOGICnow a natural next step for us,” said Kevin B. Thompson, president and chief executive officer of SolarWinds. “SolarWinds MSP, combining the capabilities of LOGICnow and SolarWinds N-able, will offer MSPs a complete set of IT service management solutions via the cloud and on premises delivery models. SolarWinds MSP gives them everything they need to acquire and retain profitable clients, deliver outstanding levels of service and maximize their internal efficiency through standardization of their toolsets and the use of automation.”
“As SolarWinds MSP, our combined teams will utilize our deep domain expertise and industry-leading data analytics capabilities to deliver breakthrough innovations to our customer base of the world’s leading MSPs,” said Walter Scott, former LOGICnow chief executive officer and the new executive vice president for SolarWinds MSP. “Our strategic vision and ability to execute will provide ever-greater support to our customers as they differentiate their services and look to achieve faster, more profitable business growth. We’re excited to be able to join forces with SolarWinds N-able as part of the SolarWinds family to empower our MSP customers to build the most successful businesses in their markets.”
Building on the track records of SolarWinds N-able and LOGICnow, the combined expertise of SolarWinds MSP will deliver a robust set of solutions in a tightly-integrated automation platform, including:
“The acquisition of LOGICnow reflects our continued journey to becoming the IT management vendor of choice for all IT professionals regardless of organization size, complexity or where their infrastructure resides,” said Christoph Pfister, executive vice president of products, SolarWinds. “SolarWinds is focused on delivering IT management solutions to manage today’s hybrid IT infrastructure, including elements deployed on premises, in public and private clouds and at SaaS providers.”
More information about the acquisition is available at www.solarwindsmsp.com.
SolarWinds provides powerful and affordable IT management software to customers worldwide from Fortune 500® enterprises to small businesses, government agencies and educational institutions. We are committed to focusing exclusively on IT Pros, and strive to eliminate the complexity that they have been forced to accept from traditional enterprise software vendors. Regardless of where the IT asset or user sits, SolarWinds delivers products that are easy to find, buy, use, maintain, and scale while providing the power to address all key areas of the infrastructure from on premises to the cloud. Our solutions are rooted in our deep connection to our user base, which interacts in our THWACK® online community to solve problems, share technology and best practices, and directly participate in our product development process. Learn more today at www.SolarWinds.com.
SolarWinds, SolarWinds & Design and THWACK are the exclusive property of SolarWinds Worldwide, LLC or its affiliates. All other company and product names mentioned are used only for identification purposes and may be or are intellectual property of their respective companies.
© 2016 SolarWinds Worldwide, LLC. All rights reserved.
LOGICnow delivers the world’s leading 100% SaaS, fully cloud-based IT service management (ITSM) platform, backed by collective intelligence and the highest levels of layered security. LOGICnow’s MAX products – including Risk Intelligence, Remote Management, Backup & Disaster Recovery, Mail and Service Desk – comprise the market’s most widely-trusted integrated solution. Deployed on over two million end-points across 240,000 networks, LOGICnow has the industry vision to define and deliver the future of the market. LOGICnow provides the most comprehensive IT security available as well as LOGICcards, the first ever IT notification feature powered by prescriptive analytics and machine learning. LOGICnow’s passion is helping IT professionals secure and manage their systems and data through actionable insights, rewriting the rules of IT. For more information, visit www.logicnow.com.
+44 (0) 1382 309040
CC Group PR
Jo Ashford (for LOGICnow)
CC Group PR
+44 (0) 7469 851 643