SolarWinds Acquires RMM Provider N-able for $120M

SolarWinds (NYSE:SWI) acquired N-able Technologies for $120 million in cash. The deal focuses on cloud-based managed services software for small businesses. The companies pledged that N-able's 100 percent channel-friendly approach would remain in place.

Jessica Davis

May 21, 2013

2 Min Read
SolarWinds Acquires RMM Provider N-able for $120M

SolarWinds (NYSE:SWI) has acquired N-able Technologies for $120 Million in cash in a managed services provider (MSP) deal that is expected to close by the end of May. SolarWinds’ CEO Kevin Thompson positioned the buy as a move into the complimentary market of cloud-based managed services for small businesses.

SolarWinds executives said during a conference call that the company will immediately stop selling perpetual licenses to N-able’s technology and going forward will only sell subscription licensing going forward — cloud-based services.  

Check out more details from the analyst call here.

N-able’s CEO Gavin Garbutt plans to retire while JP Jauvin will remain as general manager. Mike Cullen, Derik Belair and other N-able executives will remain in their current positions. An N-able spokeswoman said that the company’s previous 100 percent channel-friendly, go-to-market strategy will remain in place, and the N-able brand will also stay intact.

Here’s what SolarWinds CEO had to say about the deal:  “We’re excited to expand into another highly complementary branch of IT management that we believe is ripe for our disruptive go-to-market model.”

Garbutt added this: “We feel that this merger is a reflection of our industry-leading position and growth, the quality of our products and, most importantly, the performance of the N-able team worldwide.”

Check out rival reactions and more M&A rumors here.

The following is some quick background information about N-able as provided by a spokeswoman:

  • N-able is headquartered in Ottawa, Canada – and has offices in Europe and Australia – and currently employs approximately 180 people worldwide. N-able’s presence includes an installed base of more than 2600 MSPs who serve approximately 91,000 SMBs today.

  •  N-able was founded in 2000 and, over the past 13 years, has garnered a strong reputation in the MSP market.

  • N-able’s flagship product is N-Central, the industry’s top RMM and IT service automation solution. N-Central offers Cloud-based, multi-tenant, remote monitoring and management for IT infrastructure such as desktops, servers, applications, and network devices.

  • N-able’s portfolio also includes additional products that address a wide range of IT management capabilities, including bandwidth management, mobile device management, security, backup, patch management and IT service automation.

More details to come.

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About the Author(s)

Jessica Davis

Jessica Davis

Jessica Davis is the former Content Director for MSPmentor. She spent her career covering the intersection of business and technology.  She's also served as Editor in Chief at Channel Insider and held senior editorial roles at InfoWorld and Electronic News.

See more from Jessica Davis
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