SOLARWINDS BUYS N-ABLE FOR $120M

 N-Able TechnologiesSolarWinds has acquired Ottawa, Ontario-based N-Able Technologies for $120 million. N-Able, which makes managed service provider automation offerings, was a portfolio company of Accel-KKR. Accel-KKR also has a majority investment in Accellos and a minority stake in SwiftPage, which recently acquired Act and SalesLogix from Sage. SolarWinds said the payment was made from its cash balance.

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