21.10.2015 15:52:26

SolarWinds To Be Acquired By Investment Firms In Approx. $4.5 Bln Deal

(RTTNews) - SolarWinds (SWI) announced it has entered into a definitive agreement to be acquired by leading private equity technology investment firms Silver Lake Partners and Thoma Bravo, LLC. SolarWinds stockholders will receive $60.10 per share or approximately $4.5 billion in cash.

SolarWinds said the agreement was approved by its Board following a comprehensive review of strategic alternatives. The transaction, which is expected to close in the first calendar quarter of 2016, is subject to approval by SolarWinds stockholders.

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