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FinancialNews
13-04-19
Israeli Samanage acquired at USD350m
(MENAFN) Israeli provider of enterprise IT management software Samanage signed an agreement to be bought at a value of USD350 million by U.S-based SolarWinds.
SolarWinds, a technology giant, is planning to boost its activities within Israel starting with this first purchase that would pave the way for more acquisitions.
Samanage products are sought by the U.S. giant to be integrated into its IT activities as soon as possible following the purchase.
This Israeli service is expected to go well with the various SolarWinds products provided to a range of customers.
MENAFN1304201900450000ID1098383807
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