TOP NEWS

SolarWinds In $4.5 Billion Private Equity Acquisition

Austin-based IT software developer SolarWinds said Wednesday that it has agreed to be acquired by private equity investors Silver Lake Partners and Thoma Bravo, in a deal worth $4.5 billion in cash. Silver Lake and Thoma Bravo said they would pay $60.10 per share in cash to SolarWinds' stockholders, taking the company private. SolarWinds said the deal came after the company considered a variety of strategic alternatives to the company. The offer is a premium of 43.5 percent over SolarWinds' stock price when it announced its strategic alternative effort back on October 8th, according to the company.


LATEST HEADLINES

More Headlines

BROWSE ISSUES