SolarWinds

SolarWinds Inc.
Private
Industry Network Management
Founded 1999
Headquarters Austin, Texas
Key people
 Kevin B. Thompson (CEO)
Revenue $429 million (2014)[1]
Number of employees
 2,000+[1]
Website www.solarwinds.com

SolarWinds Inc. is a company which develops enterprise information technology (IT) infrastructure management software.[2] SolarWinds is headquartered in Austin, Texas, with sales and product development offices in a number of locations in the United States, Canada, Europe, Singapore and Australia.[3]

History

Founded in 1999, SolarWinds released a web-based network performance manager in 2001.[4] During 2007, SolarWinds raised funding from Austin Ventures, Bain Capital and Insight Venture Partners.[5][6] Following the funding, SolarWinds acquired several companies including Neon Software and ipMonitor Corp. and opened a European sales office in Ireland.[7] SolarWinds completed an initial public offering of $112.5 million in 2009.[8]

From 2011, SolarWinds acquired some assets of DameWare Development LLC, and added two remote IT administration tools to its product portfolio.[9]

By 2012, SolarWinds' revenue had reached $269 million,[10] and one year later the company announced plans to invest in an operations hub in Salt Lake City, Utah.[11]

Between 2014 and 2015, the company acquired the Swedish web-monitoring company Pingdom,[12] the metrics and monitoring company Librato (for $40 million),[13] and the log management service Papertrail (for $41 million).[14]

An acquisition by the private equity technology investment firms Silver Lake Partners and Thoma Bravo, LLC. was announced in late 2015, and by January 2016, SolarWinds was taken into private ownership in a $4.5 billion deal.[15]

In September 2016, SolarWinds shut down its development office in Chennai, India.

Acquisitions

Companies and products acquired by SolarWinds include TriGeo Network Security (in 2011),[16] Hyper9 (2011),[17] EminentWare (2012),[18] RhinoSoft (2012),[19] N-able Technologies (2013),[20] and GNS3 (in 2015).[21]

References

  1. 1 2 "SolarWinds - Company - Quick Facts". Archived from the original on 31 December 2016. FY 2014 at a Glance: / Total Revenue: $429 M / Year over Year Growth: 27.8% / Operating Margin: 43.6%
  2. ↑ Darryl K. Taft, eWeek. "IT Management: IT Admin's 'Summer Suitcase': 11 Helpful Tech Tools for Vacation." July 3, 2012. Retrieved Nov. 1, 2012.
  3. ↑ "Solar Winds - Contact Us". solarwinds.com. SolarWinds Inc. Retrieved 4 May 2017.
  4. ↑ "Corporate Fact Sheet" (PDF). SolarWinds. Retrieved 17 February 2017.
  5. ↑ Austin Business Journal. "SolarWinds Raises $7.5M." Feb. 5, 2007. Retrieved on June 17, 2013.
  6. ↑ Chris Morrison, VentureBeat. "Is Network Management Growing? SolarWinds Picks up Kiwi Enterprises." Jan. 6, 2009. Retrieved on June 17, 2013.
  7. ↑ Maxwell Cooter, TechWorld. "SolarWinds Finally Blows into Europe." October 9, 2007. Retrieved on January 6, 2009.
  8. ↑ Lori Hawkins, Austin American-Statesman. "SolarWinds keeps on growing." Nov. 20, 2011. Retrieved June 17, 2013.
  9. ↑ "SolarWinds Acquires DameWare Development". Yahoo Finance. Retrieved 2016-04-29.
  10. ↑ SolarWinds Website. "SolarWinds Company News." February 4, 2013. Retrieved June 17, 2013.
  11. ↑ Utah Business. "SolarWinds To Begin Presence in Utah." May 10, 2013. Retrieved June 17, 2013.
  12. ↑ "SolarWinds Adds Pingdom to Its Performance Management Portfolio". mspmentor.net. Retrieved 5 May 2016.
  13. ↑ "SolarWinds Expands Its Cloud Monitoring and Management Footprint With Acquisition of Librato". MarketWatch. Retrieved 5 May 2016.
  14. ↑ Frederic Lardinois. "SolarWinds Acquires Log Management Service Papertrail For $41M In Cash". TechCrunch. AOL. Retrieved 5 May 2016.
  15. ↑ Lilly Rockwell - American-Statesman Staff. "Austin software maker SolarWinds completes $4.5 billion sale". mystatesman.com. Retrieved 5 May 2016.
  16. ↑ Robin Wauters, TechCrunch. "SolarWinds Buys Network Security Company TriGeo For $35 Million In Cash." June 23, 2011. Retrieved June 22, 2013.
  17. ↑ Austin Business Journal. "SolarWinds acquires Hyper9." July 19, 2011. Retrieved June 23, 2013.
  18. ↑ Bloomberg Business Week. "Company Overview of EminentWare LLC." June 23, 2013. Retrieved June 23, 2013.
  19. ↑ Richard Hay, Windows Observer. "RhinoSoft Acquired by SolarWinds – FTP Voyager Now Offered as Free Tool." Dec. 18, 2012. Retrieved June 20, 2013.
  20. ↑ Wall Street Journal. "SolarWinds to Buy N-able Technologies for $120 Million." May 21, 2013. Retrieved June 20, 2013.
  21. ↑ Crunchbase. "Solarwinds Acquires GNS3." January 12, 2016. Retrieved March 3, 2017.
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