SolarWinds (SWI)
Managing networks can be a pretty complicated process, but SolarWinds makes software that tries to make it easier and more efficient. Not only that, they also have an online community called Thwack that helps users solve any problems or questions they have about a SolarWinds product.
SolarWinds Extends Orion Product Family to Include Storage and Virtualization Management
affordable IT management software to more than 88,000 customers worldwide,
today announced that it has acquired certain of the assets of Tek-Tools, Inc., a privately-held
company with offices in
of cash and stock for up to
gives users visibility into the performance of storage and virtualized
server infrastructures. The addition of Tek-Tools' offerings to the SolarWinds Orion product portfolio will add management
of enterprise storage infrastructure to existing network and applications
management capabilities, delivering an end-to-end IT management solution.
"As the need for comprehensive management of highly networked physical and
virtualized IT resources becomes more and more critical to enterprises of
all sizes, we believe that this transaction uniquely positions us to
provide a more complete solution that IT teams need to support their
environments," said
"Over the past 10 years, we've proven that our technology solves complex
problems in very simple ways and that our business model of delivering
powerful, easy to use, low-cost management solutions can succeed for a wide
range of customers. The integration of Tek-Tools' storage and virtualization management products is
an important addition to our product portfolio that will allow us to
respond to customer demand for an end-to-end IT management solution that
offers deeper visibility into networked storage and virtualized
environments," said Bennett.
The SolarWinds Orion product family has long offered companies of all sizes
network, systems and application management through products such as Orion Network Performance Monitor (NPM) and Orion Application Performance Monitor
(APM). Tek-Tools' products will add deeper storage and virtualization
management to the
capabilities and increasing IT organizations' efficiency and
responsiveness.
"The collision of technologies like virtualization and cloud computing with
business forces like 'lean IT' is putting pressure on IT organizations to
rethink their management approach; functions that were once discrete will
need to merge or collaborate more effectively," said
"Today's data centers include application servers, virtualization layers
and storage all dependent on an 'always available' network, and the ongoing
adoption of virtualization and the associated storage needs continue to
drive the demand for and importance of networked storage," continued
Zant
must tighten integration with the virtualization teams and network
engineers need visibility beyond the routers and switches they manage
today."
Tek-Tools' Profiler Suite will continue to be available from
select channel partners. For more information on Tek-Tools and the
company's portfolio of storage and virtualization management solutions,
visit www.tek-tools.com. For more information on
acquisition and SolarWinds IT management solutions, please visit www.solarwinds.com.
In support of this announcement,
call is 877-627-6544; international participants can dial +1 719-325-4838
to access the call. Please dial in 5-10 minutes before the scheduled start
time. A live webcast of the call will be available on the SolarWinds
Investor Relations website at http://ir.solarwinds.com. A replay of the
webcast will be available on a temporary basis shortly after the event at
the same location.
Forward-Looking Statements
This press release contains "forward-looking" statements that are subject
to safe harbors created under the U.S. federal securities laws. These
statements include, among others, statements regarding
to achieve the expected synergies and other strategic benefits as a result
of the acquisition, including the ability of
customers' demands for a more complete software solution, and management's
beliefs on industry trends. These forward-looking statements are based on
management's beliefs and assumptions and on information currently available
to management. Forward-looking statements include all statements that are
not historical facts and may be identified by terms such as "will,"
"expects," "believes" or similar expressions and the negatives of those
terms. Forward-looking statements involve known and unknown risks,
including without limitation the potential impact on the business of
operations and to achieve planned synergies. Therefore, actual results may
differ materially and adversely from those expressed in any forward-looking
statements. For information regarding other related risks, see the "Risk
Factors" section of
2009
by law.
About
software to more than 88,000 customers worldwide -- from Fortune 500
enterprises to small businesses. Focused on the real-world needs of IT
professionals,
maintain, and provide the power, scale, and flexibility needed to manage
today's complex IT environments.
technology-sharing, and participating in product development for all of
identification purposes and may be trademarks or registered trademarks of
their respective companies.
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CONTACTS:
Investors:Jason Ream
Phone: 512.682.9680
Email Contact
Media:Tiffany Nels
Phone: 512.682.9545
Email Contact
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Current price per share
Today's gain: $-0.11 (-0.52%)
