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SolarWinds Acquires Squadcast, Unifying Observability and Incident Response

1. SolarWinds acquired Squadcast, enhancing its incident response capabilities. 2. The acquisition strengthens SWI's position against competitors like PagerDuty.

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$18.3103/03 09:04 AM EDTEvent Start
$18.3603/04 03:11 PM EDTLatest Updated
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FAQ

Why Bullish?

Acquisitions often lead to increased market share and competitiveness. Historical examples showcase companies like ServiceNow benefitting significantly post-acquisition.

How important is it?

The acquisition is significant for SWI, allowing access to new markets and potentially increasing revenues.

Why Long Term?

Strategic acquisitions typically improve long-term growth; recent examples include Atlassian's acquisition strategies enhancing their product suite.

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PDGENINOW
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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