SolarWinds Acquires LOGICnow to Create Global MSP Solutions LeaderSolarWinds N-able and LOGICnow Combine to Establish SolarWinds MSP
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.