The new combined company will be called SolarWinds MSP.
Terms of the deal were not disclosed.
“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 CEO 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,” he said. “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.”
Within minutes of the announcement, Kaseya CEO Fred Voccola issued his own announcement, criticizing the two companies and their merger.
“What we see with N-able and LogicNow is that their customers typically come to us when their needs scale beyond 500 end points, not only because of the performance limitations of their platform, but more importantly, because they don't have the automation, policy management and ease-of use required to enable their customer's staff to operate efficiently," Voccola said.
The SolarWinds and LOGICnow deal marked the second major deal announced today in the managed services space.
Earlier, Salesforce.com announced a $2.8 billion purchase of e-commerce cloud platform provider Demandware.
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