SolarWinds has acquired privately held Confio Software, the makers of the award-winning Ignite database performance management software.
SolarWinds acquired Confio, which is headquartered in Boulder CO for $103 million in cash.
Confio’s award winning products are used in 40% of the Fortune 50 enterprises. As one of the fastest growing database performance solution companies for the past two years, Confio has earned recognition on the Inc. 500/5000 and Deloitte Technology Fast 500 lists. The company was also recently named 2013 Top Company by ColoradoBiz in the software category.
“In 2011, SolarWinds embarked on a strategic initiative to extend our product portfolio to address the specific needs of today’s systems administrators. The addition of Confio to the SolarWinds family provides a critical element to round out our product portfolio in support of this initiative,” says Kevin Thompson, SolarWinds’ President and CEO.
“Like SolarWinds, the Confio team, led by Matt Larson, has built a reputation for delivering easy to use, purpose-built products to support IT teams as they respond to the rapidly-evolving technology and data needs of their businesses. We look forward to welcoming Confio into the SolarWinds family. We believe that the strength of the Confio product and the similarities of our respective sales and marketing models will allow these products to slide right into our sales and marketing engine, and SolarWinds’ brand momentum will allow us to accelerate the growth of Confio Ignite database management product in the IT market.”
Confio is an industry-recognized leader in database performance solutions that speed application time-to-market and IT service delivery by improving database performance on traditional and virtual servers. The company was founded in 2004 and has more than 1,200 customers worldwide.
Confio’s flagship product, Confio Ignite improves software development and service delivery for systems based on Microsoft SQL Server, Oracle, IBM DB2 and SAP Sybase databases, running on VMware virtual servers as well as physical servers.
Confio Ignite will continue to be available from www.confio.com.
The companies plan to share additional details regarding future product direction, branding, and integration later in the year.
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