SolarWinds acquires LOGICnow
- Published: Thursday, 02 June 2016 10:04
SolarWinds has announced that it has completed the acquisition of LOGICnow, backed by a consortium of investors led by Insight Venture Partners.
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.
“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:
- Remote monitoring and management
- Remote control, access and support
- Security including anti-malware, multi-vendor patch management and web access control
- Backup and disaster recovery
- Risk and vulnerability assessment
- Email security and compliance-focused archiving
- Multi-platform support for Windows, Mac, Linux, VMware, Hyper-V, iOS, Android
- Help desk and service management functionality
- Advanced data analytics.