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SolarWinds Corporation to be Acquired by Turn/River Capital in $4.4 Billion Agreement

Feb 07, 2025over 1 year ago

Contract Type

agreement

AustinSoftware

Description

SolarWinds Corporation has entered into a definitive agreement to be acquired by Turn/River Capital in an all-cash transaction for $18.50 per share, totaling approximately $4.4 billion. This partnership aims to deliver operational resilience solutions leveraging SolarWinds' premier observability, monitoring, and service desk solutions.

Company Information

Company

SolarWinds

Location

Austin, Texas, United States

About

SolarWinds is a leading provider of simple, powerful, secure observability and IT management software built to enable customers to accelerate their digital transformation. Our solutions provide organizations worldwide—regardless of type, size, or complexity—with a comprehensive and unified view of today’s modern, distributed, and hybrid network environments. We continuously engage with IT service and operations professionals, DevOps and SecOps professionals, and database administrators (DBAs) to understand the challenges they face in maintaining high-performing and highly available hybrid IT infrastructures, applications, and environments. The insights we gain from them, in places like our THWACK community, allow us to address customers’ needs now and in the future. Our focus on the user and our commitment to excellence in end-to-end hybrid IT management have established SolarWinds as a worldwide leader in solutions for observability, IT service management, application performance, and database management.

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