SolarWinds, a provider of IT management software, has agreed to acquire SentryOne, a technology provider of database performance monitoring and DataOps solutions on SQL Server, Azure SQL Database, and the Microsoft Data Platform.
The SentryOne offering complements the on-premises and cloud-native database management offerings from SolarWinds to serve needs of the mid-market and better serve larger organizations.
The addition of the SentryOne products to the SolarWinds portfolio will support SolarWinds in strengthening its offers for Microsoft and Microsoft Azure platforms.
SolarWinds CEO Kevin B. Thompson said: “The explosion of business-critical applications, and their reliance on peak database performance, presents an opportunity for SolarWinds to continue to expand our support for IT organizations.”
Bob Potter, CEO of SentryOne, said: “Our focus on the needs of Microsoft data professional empowers organizations who rely on SQL Server, Azure SQL Database, and the Microsoft Data Platform to run their organizations and ensure optimal performance, wherever their databases live.”
SolarWinds has reported revenue of $246 million (+7.5 percent) in the second quarter of 2020. SolarWinds generated maintenance revenue of $116.5 million (+5.1 percent) and subscription revenue of $95.8 million (+21.7 percent).
Industry analyst firm IDC has ranked SolarWinds number one in Network Management Software market in H1 2020.
In addition, Gartner has recognized SolarWinds in the firm’s Market Share Analysis: ITOM, Performance Analysis Software, Worldwide, 2019, across several categories, including No. 2 for Network Performance Monitoring and Diagnostics (NPMD) Tools, No. 3 for overall ITOM Performance Analysis Software Vendors, and No. 4 for AIOps/ITIM/Other Monitoring Tools by revenue.
“We believe this recognition validates our commitment to providing affordable solutions for IT organizations everywhere, regardless of their size or infrastructure,” said David Gardiner, president, IT Operations Management, SolarWinds.
“With this year’s increased demand for remote support and business agility, enterprise leaders will continue to invest in solutions that monitor networks across the stack,” added Rohit Mehra, vice president of Network Infrastructure, IDC.