SolarWinds Acquires Web Performance Monitoring Provider Pingdom
Infrastructure systems management provider SolarWinds is extending into the Web performance monitoring market with the acquisition of Pingdom. Terms of the deal, announced last week, weren't disclosed. Pingdom's cloud-based service monitors the performance and uptime of Web servers and sites.
Web performance monitoring is a natural extension of its business and is a key requirement of those managing their infrastructure, said SolarWinds Executive VP Suaad Sait.
"Our product strategy has always been around delivering IT infrastructure and application performance management products to the market," Sait said. "We had a hole in our portfolio where we wanted to extend the capabilities for cloud-based applications and Web sites. We heard this request from our customers as well from the macro market. Instead of building it organically, we looked for a really good partner and that led to us acquiring Pingdom."
Sait said SolarWinds proactively looked for a company to acquire for two reasons. One is that Web sites are becoming a critical component not only as a company's presence but for lead generation. Second, to ensure availability of Web-based applications from remote sites requires they are monitored. "Pingdom rose to the top of the kind of company that fits into the market we serve but also our business model," he said.
Pingdom is a cloud-based offering and the company claims it has 500,000 users. The service monitors Web sites, DNS, e-mail servers and other infrastructure. Setup only requires a URL. The deal has already closed but Sait said the company hasn't determined its integration roadmap for Pingdom.
Posted by Jeffrey Schwartz on 06/27/2014 at 11:11 AM