SolarWinds (SWI), the parent of N-able Technologies, has added another company to its investment portfolio this week, full stack application performance management (APM) vendor AppNeta. The financial terms of the investment were not publicly disclosed. It was unclear how big a stake SolarWinds took in AppNeta.
SolarWinds acquired N-able in May and followed that up with the acquisition of database management company Confio last month. This new deal adds application performance management to SolarWinds' tool set.
SolarWinds and AppNeta said in a joint statement that the partnership will explore ways to enhance overall performance and value of mission-critical applications by connecting IT infrastructure to application delivery.
AppNeta CEO Jim Melvin said via email that the partnership focuses on "identifying complementary opportunities for channel customers to use the robust Solarwinds solutions for network and IT management, along with AppNeta solutions’ deep level of visibility and performance metrics into web based applications, distributed networks, and end user experience."
"With both of these tools, which will become even more strategically aligned, managed services providers (MSPs) will have a complete toolset for getting actionable performance data and assuring customer application and network performance," he said.
A SolarWinds spokesperson told MSPmentor that "MSPs are an important customer focus for SolarWinds."
"We have not yet released any details on the integration or go-to-market partnership between the two companies, but we are looking at all of SolarWinds’ customer segments as potential beneficiaries of the new and unique technologies that AppNeta brings to this partnership," the spokesperson said.
SolarWinds President and CEO Kevin Thompson said in a prepared statement that both companies are "helping users to navigate a rapidly-evolving landscape through intuitive technology."
"We are excited about the opportunity to work with AppNeta to explore ways to align our best-of-breed products for managing the performance of both IT infrastructure and applications, to help technology professionals deliver a best-in-class technology experience to their businesses," he said.
Melvin told MSPmentor that AppNeta will "continue to redefine application performance management" by focusing on "integrated capabilities for code-level application performance monitoring, synthetic transaction performance monitoring, network traffic analysis and network health and performance monitoring."
According to the SolarWinds spokesperson, this is the company's first partnership with an APN company.
SolarWinds released strong Q3 2013 revenue growth back in October, while also noting N-able's subscription revenues to MSPs are ahead of plan.