SolarWinds acquires professional services co Monalytic, shares up

SolarWinds

19/01/2022 16:15

** Shares in network management software provider  SWI.N  up
1.4% at $13.61  
    ** Stock on track to snap a four-day losing streak, if gains
hold
    ** Co says it has acquired monitoring, analytics and
professional services company Monalytic  urn:newsml:reuters.com:*:nBw32QHsya
    ** Acquisition aimed at helping provide SWI federal
customers with around-the-clock support to help optimize and
secure their IT environment 
    ** Terms of the deal were not disclosed
    ** SWI fell 2.8% in 2021
    

 (Reporting by Eva Mathews in Bengaluru)
 ((eva.mathews@thomsonreuters.com))