- SolarWinds (SWI) has bought Confio, a developer of software that monitors/optimizes database performance and troubleshoots problems, for $103M in cash.
- Confio supports Oracle, Microsoft, and IBM's marquee database platforms, and claims 1.2K customers (inc. 40% of the Fortune 50). Its products complement SolarWinds' various tools for managing and improving the performance of servers, enterprise apps, and networking hardware.
- The deal comes five months after SolarWinds acquired N-able, a provider of cloud-based IT management software aimed at SMBs, for $120M in cash.
- SolarWinds, hit hard this year by bad earnings news, made new 52-week lows today prior to the announcement.
- CC at 5:15PM ET.
SolarWinds acquires database management software firm for $103M
From other sites
at Investor's Business Daily (Feb 27, 2015)
at Investor's Business Daily (Feb 13, 2015)
at Investor's Business Daily (Jan 30, 2015)
at Investor's Business Daily (Jan 7, 2015)
at Nasdaq.com (Jan 7, 2015)
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