SolarWinds, a provider of IT management software, has completed the acquisition of LOGICnow — backed by a consortium of investors including Insight Venture, Silver Lake and Thoma Bravo.
LOGICnow provides cloud-based IT Service Management solutions focused primarily on the MSP community.
SolarWinds aims to bring together LOGICnow and SolarWinds N-able to create SolarWinds MSP to deliver strong capabilities to MSPs.
With the acquisition of LOGICnow, SolarWinds MSP will have capability to deliver comprehensive, scalable IT services management solutions to MSPs. These solutions include data-driven automation, security, network management and service management.
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.
Kevin B Thompson, chief executive officer of SolarWinds, said: “SolarWinds MSP, combining the capabilities of LOGICnow and SolarWinds N-able, will offer MSPs a set of IT service management solutions via the cloud and on premises delivery models.”
SolarWinds MSP gives MSPs 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.
Walter Scott, former LOGICnow chief executive officer, will be the new executive vice president for SolarWinds MSP.