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Completed
Synopsis
N-able, a firm that empowers managed services providers, completed the acquisition of Spinpanel, an opeartor of a cloud automation platform. Financial terms were not disclosed. “The ‘cloud’ is no longer a talk track in presentations; it’s an adoption speedway for IT professionals. However, while the cloud presents an enormous opportunity, it also adds to the increasing complexity of IT environments, and that coupled with labor shortages can undermine its full potential. We believe the addition of Spinpanel to our team will help our partners optimize the value of their Microsoft Cloud products and, in turn, give Spinpanel customers access to a wider array of IT management and security solutions. We are excited to welcome Spinpanel to the N-able family," John Pagliuca, N-able President and CEO.
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