SolarWinds acquires Confio Software
Oct 08, 2013 (MarketLine Financial Deals Tracker via COMTEX) --
SolarWinds, Inc., a provider of information technology (IT) management software, has acquired Confio Software, Inc., a developer of database performance management software, for $103 million in cash. Both the companies are based in the US.
Deal Value (US$ Million) 103
Deal Type Acquisition
Sub-Category Majority Acquisition
Deal Status Completed: 2013-10-07
Target (Company) Confio Software, Inc.
Acquirer (Company) SolarWinds, Inc.
The acquisition adds database performance solutions to SolarWinds' product portfolio.
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