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SolarWinds Completes Spin-Off of its MSP Business; N-able, Inc. Begins Trading as Independent, Publicly Traded Company | Business

Mount Equity Group Tokyo, Japan > News > Business > SolarWinds Completes Spin-Off of its MSP Business; N-able, Inc. Begins Trading as Independent, Publicly Traded Company | Business

AUSTIN, Texas & WAKEFIELD, Mass.–(BUSINESS WIRE)–Jul 20, 2021–

SolarWinds Corporation (NYSE: SWI) (“ SolarWinds ”), a leading provider of simple, powerful, and secure IT management software, and N-able, Inc. (NYSE:NABL) (“ N-able ”), a leading provider of cloud-based software solutions for managed service providers, today announced the completion of the previously announced spin-off of the SolarWinds managed service provider (“ MSP ”) business into a standalone, separately-traded public company named N-able, Inc.. Following the separation, which was completed on July 19, 2021, N-able will provide cloud-based software solutions for managed service providers (“MSPs”), enabling them to support digital transformation and growth within small and medium-sized enterprises. SolarWinds will…

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