Network management

ExtraHop Announces Completion of Acquisition by Bain Capital Private Equity and Crosspoint Capital Partners

Thursday, July 22, 2021 - 5:45pm

ExtraHop, the leader in cloud-native network detection and response, today announced the completion of its acquisition by Bain Capital Private Equity and Crosspoint Capital Partners.

Key Points: 
  • ExtraHop, the leader in cloud-native network detection and response, today announced the completion of its acquisition by Bain Capital Private Equity and Crosspoint Capital Partners.
  • Adding the resources, expertise, and financial support of Bain Capital Private Equity and Crosspoint Capital Partners will allow ExtraHop to extend our leadership in the network detection and response market and continue to innovate to help our customers stay ahead of the game."
  • Morgan Stanley & CO. LLC served as the financial advisor to Bain Capital Private Equity and Crosspoint Capital Partners, and Ropes & Gray LLP served as legal counsel.
  • Crosspoint Capital Partners is a private equity investment firm focused on the cybersecurity, privacy and infrastructure software markets.

SolarWinds Completes Spin-Off of its MSP Business; N-able, Inc. Begins Trading as Independent, Publicly Traded Company

Tuesday, July 20, 2021 - 12:30pm

SolarWinds will retain its Core IT Management business focused primarily on providing IT infrastructure management software to corporate IT organizations.

Key Points: 
  • SolarWinds will retain its Core IT Management business focused primarily on providing IT infrastructure management software to corporate IT organizations.
  • N-able common stock will trade on the New York Stock Exchange under the symbol NABL.
  • N-able (formerly SolarWinds MSP) empowers managed services providers (MSPs) to help small and medium enterprises navigate the digital evolution.
  • N-able provides extensive, proactive supportthrough enriching partner programs, hands-on training, and growth resourcesto help MSPs deliver exceptional value and achieve success at scale.

SolarWinds to Announce Second Quarter 2021 Financial Results on Tuesday, August 3

Tuesday, July 13, 2021 - 10:00pm

SolarWinds (NYSE: SWI), a leading provider of powerful and affordable IT management software, today announced that it will report its financial results for the second quarter of 2021 on Tuesday, August 3, 2021.

Key Points: 
  • SolarWinds (NYSE: SWI), a leading provider of powerful and affordable IT management software, today announced that it will report its financial results for the second quarter of 2021 on Tuesday, August 3, 2021.
  • SolarWinds will host a conference call to discuss its financial results for the second quarter of 2021 and its business at 7:30 a.m. CT (8:30 a.m. ET/5:30 a.m. PT) on Tuesday, August 3, 2021.
  • A live webcast of the call will be available on the SolarWinds Investor Relations website at http://investors.solarwinds.com .
  • The company will issue its earnings release, highlighting its second quarter of 2021 results at approximately 7:00 a.m. CT (8:00 a.m. ET/5:00 a.m. PT) on Tuesday, August 3, 2021.

ScalePad Announces Microsoft Endpoint Manager Integration

Tuesday, July 13, 2021 - 4:00pm

VANCOUVER, BC, July 13, 2021 /PRNewswire/ --ScalePad is pleased to invite members of the MSP community to beta test its new API integration with Microsoft Endpoint Manager (MEM).

Key Points: 
  • VANCOUVER, BC, July 13, 2021 /PRNewswire/ --ScalePad is pleased to invite members of the MSP community to beta test its new API integration with Microsoft Endpoint Manager (MEM).
  • Integrating ScalePad with Microsoft Endpoint Manager provides some unique new benefits," said Dan Wensley, chief executive officer of ScalePad.
  • The ScalePad Microsoft Endpoint Manager integration also helps MSPs deploying Intune for the first time by providing an important check to ensure no device is missed.
  • ScalePad MSP partners interested in previewing the beta Microsoft Endpoint Manager integration can simply log in and follow the instructions to activate it in-app.

Swish Data Closes Five Year, $43 Million Contract to Provide the U.S. Department of Veteran’s Affairs With Artificial Intelligence Operations Solution

Tuesday, July 13, 2021 - 1:01pm

The VA required a solution to monitor the operating status of all Veterans Affairs Enterprise Cloud (VAEC) cloud services, containers, virtual machines and physical infrastructure and automate IT operations.

Key Points: 
  • The VA required a solution to monitor the operating status of all Veterans Affairs Enterprise Cloud (VAEC) cloud services, containers, virtual machines and physical infrastructure and automate IT operations.
  • In pursuit of this contract, Swish partnered with ScienceLogic to deliver their market leading, context-infused, AIOps platform.
  • ScienceLogic also has the advantage of being the first end-to-end monitoring platform to meet the U.S. governments security and interoperability standards.
  • Swish will provide the trained and certified technical experts that will ensure successful implementation, product utilization and functionality.

Sumo Logic Accelerates Expansion Across Japan to Help Meet the Demand for Modern Security and Observability Solutions

Monday, July 12, 2021 - 2:00pm

Mr. Kawamura will help Sumo Logic further accelerate the demand for cloud-native security solutions across the region.

Key Points: 
  • Mr. Kawamura will help Sumo Logic further accelerate the demand for cloud-native security solutions across the region.
  • The availability of the Sumo Logic Cloud SIEM solution in Japan means users can now experience low latency when ingesting data into the Sumo Logic platform and help enterprises address their data privacy concerns and data residency requirements, said Hiroaki Kawamura, country manager for Sumo Logic Japan K.K.
  • Sumo Logic Japan has seen momentum and growth across customers who are aligned to help solve modern security challenges for the digital era.
  • Sumo Logic is a trademark or registered trademark of Sumo Logic in the United States and in foreign countries.

N-able Announces Pricing of $225 Million Private Placement

Monday, July 12, 2021 - 12:30pm

Upon the closing of the transaction, N-able will receive gross proceeds of approximately $225 million before deducting placement agent fees and other transaction-related expenses payable by N-able.

Key Points: 
  • Upon the closing of the transaction, N-able will receive gross proceeds of approximately $225 million before deducting placement agent fees and other transaction-related expenses payable by N-able.
  • The private placement was led by Canada Pension Plan Investment Board (CPP Investments) and included participation from other existing SolarWinds stockholders as well as multiple outside institutional investors.
  • N-able will distribute the net proceeds of the transaction (the Net Proceeds) to SolarWinds prior to the closing of the Distribution.
  • View the full release here: https://www.businesswire.com/news/home/20210712005248/en/
    J.P. Morgan Securities LLC acted as Lead Placement Agent to N-able on the transaction and Capital Markets Advisor to N-able.

SolarWinds to Examine Service Desk Automation and Metrics at Service Management World

Wednesday, July 7, 2021 - 11:30am

SolarWinds Head Geek Chrystal Taylor will deliver a technical session on service desk monitoring and automation and a video discussion group on service management metrics.

Key Points: 
  • SolarWinds Head Geek Chrystal Taylor will deliver a technical session on service desk monitoring and automation and a video discussion group on service management metrics.
  • The company will also showcase SolarWinds Service Desk, an IT service management (ITSM) product, in its virtual booth.
  • Combining interactive, outcome-oriented education and meaningful networking, Service Management World explores the strategic and tactical elements of the optimal service management strategyfor IT operations and across the enterprise.
  • Service Management World attendees will have the opportunity to participate in two interactive discussion sessions hosted by SolarWinds.

Sumo Logic Named a Visionary in the 2021 Gartner Magic Quadrant for Security Information and Event Management (SIEM)

Tuesday, July 6, 2021 - 6:00pm

REDWOOD CITY, Calif., July 06, 2021 (GLOBE NEWSWIRE) -- Sumo Logic (Nasdaq: SUMO), the pioneer in continuous intelligence , today announced it has been named a Visionary in the Gartner 2021 Magic Quadrant for Security Information and Event Management (SIEM) report*.

Key Points: 
  • REDWOOD CITY, Calif., July 06, 2021 (GLOBE NEWSWIRE) -- Sumo Logic (Nasdaq: SUMO), the pioneer in continuous intelligence , today announced it has been named a Visionary in the Gartner 2021 Magic Quadrant for Security Information and Event Management (SIEM) report*.
  • New entrants like Sumo Logic, signal a reshaping of how modern SIEMs we believe are leading the way to help solve todays security challenges, said Greg Martin, VP and General Manager for the Sumo Logic security business unit.
  • *Gartner, Magic Quadrant for Security Information and Event Management, Kelly Kavanagh | Toby Bussa | John Collins, June 30, 2021.
  • Sumo Logic is a trademark or registered trademark of Sumo Logic in the United States and in foreign countries.

Software-Defined Networks Help Enterprises in Australia Respond to COVID-19, Launch Digital Transformations

Monday, July 5, 2021 - 1:00am

The 2021 ISG Provider Lens Network Software Defined Solutions and Services report for Australia finds enterprises here are deploying SDN technologies as part of broader digital transformations to increase their agility, flexibility and competitiveness.

Key Points: 
  • The 2021 ISG Provider Lens Network Software Defined Solutions and Services report for Australia finds enterprises here are deploying SDN technologies as part of broader digital transformations to increase their agility, flexibility and competitiveness.
  • Software-defined networking reduces the complexity and migration risks of digital transformation, said Lisa Borden, partner and head of ISG ANZ.
  • Australian companies are finding that SDN technologies and services can both streamline network management and help them carry out new technology initiatives.
  • Likewise, as the long-term trend from in-person to online shopping continues, SDN can help companies respond quickly and seamlessly to customer inquiries.