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SolarWinds Acquires Squadcast, Unifying Observability and Incident Response

1. SolarWinds acquires Squadcast to enhance incident response solutions. 2. This acquisition strengthens SWI's position in IT management software.

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FAQ

Why Bullish?

The acquisition aligns with SWI’s growth strategy, likely boosting market share and revenues. Historical acquisitions in tech often lead to increased stock prices.

How important is it?

The acquisition of Squadcast improves SWI’s capabilities, which could lead to significant growth and investor confidence.

Why Long Term?

The benefits of acquisitions generally materialize over time as integration occurs and new offerings attract customers.

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AUSTIN, Texas--(BUSINESS WIRE)--SolarWinds (NYSE:SWI), a leading provider of simple, powerful, secure observability and IT management software, today announced that it has signed an agreement to acquire Squadcast, a customer-loved incident response solution company based in San Francisco. Squadcast, an advanced alternative to PagerDuty and OpsGenie, unites on-call alerting and incident response along with Site Reliability Engineering (SRE) workflows under one hood to automate human tasks effici.

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