SolarWinds announced Wednesday that it has entered into an agreement to be acquired by Silver Lake Partners and Thoma Bravo, private equity firms. Under the terms of the deal, SolarWinds stockholders will receive $60.10 per share, worth a total buyout of about $4.5 billion in cash. That price is about 43.5 percent higher than the […]
SolarWinds Buys Papertrail for $41 Million
SolarWinds announced Wednesday its acquisition of Papertrail, a cloud-based log management startup, for $41 million. Papertrail’s technology allows Solarwind to offer the best solutions to monitor and manage cloud-based applications, websites and infrastructure, the company said in a news statement. Papertrail lets technical workers collect and shift through log data on servers, apps and cloud-based […]
12 Austin Companies Make Deloitte’s Technology Fast 500 List
Twelve Austin companies made Deloitte’s annual Technology Fast 500 list, up from eight companies last year. Deloitte ranks the fastest growing private and public companies in the technology industry. Five of the companies made the list last year and again made the list this year including Kinnser Software, 181, Bazaarvoice, 186, SailPoint, 233, HomeAway, 404 […]