Calendar An icon of a desk calendar. Cancel An icon of a circle with a diagonal line across. Caret An icon of a block arrow pointing to the right. Email An icon of a paper envelope. Facebook An icon of the Facebook "f" mark. Google An icon of the Google "G" mark. Linked In An icon of the Linked In "in" mark. Logout An icon representing logout. Profile An icon that resembles human head and shoulders. Telephone An icon of a traditional telephone receiver. Tick An icon of a tick mark. Is Public An icon of a human eye and eyelashes. Is Not Public An icon of a human eye and eyelashes with a diagonal line through it. Pause Icon A two-lined pause icon for stopping interactions. Quote Mark A opening quote mark. Quote Mark A closing quote mark. Arrow An icon of an arrow. Folder An icon of a paper folder. Breaking An icon of an exclamation mark on a circular background. Camera An icon of a digital camera. Caret An icon of a caret arrow. Clock An icon of a clock face. Close An icon of the an X shape. Close Icon An icon used to represent where to interact to collapse or dismiss a component Comment An icon of a speech bubble. Comments An icon of a speech bubble, denoting user comments. Ellipsis An icon of 3 horizontal dots. Envelope An icon of a paper envelope. Facebook An icon of a facebook f logo. Camera An icon of a digital camera. Home An icon of a house. Instagram An icon of the Instagram logo. LinkedIn An icon of the LinkedIn logo. Magnifying Glass An icon of a magnifying glass. Search Icon A magnifying glass icon that is used to represent the function of searching. Menu An icon of 3 horizontal lines. Hamburger Menu Icon An icon used to represent a collapsed menu. Next An icon of an arrow pointing to the right. Notice An explanation mark centred inside a circle. Previous An icon of an arrow pointing to the left. Rating An icon of a star. Tag An icon of a tag. Twitter An icon of the Twitter logo. Video Camera An icon of a video camera shape. Speech Bubble Icon A icon displaying a speech bubble WhatsApp An icon of the WhatsApp logo. Information An icon of an information logo. Plus A mathematical 'plus' symbol. Duration An icon indicating Time. Success Tick An icon of a green tick. Success Tick Timeout An icon of a greyed out success tick. Loading Spinner An icon of a loading spinner.

Dundee-based LOGICnow acquired by American IT group

LOGICnow's offices at Greenmarket in Dundee
Steve MacDougall, Courier, LogicNow, Vision Building, Seabraes, Dundee. LogicNow is a successful cloud computing company that is expanding. Pictured, a busy office scene. PICTURE FOR BUSINESS - ANDY ARGO STORY.

A major Dundee employer has been bought out by American IT management software group SolarWinds.

LOGICnow – which operates out of the Vision building at Greenmarket and which has a workforce of more than 500 across its various global sites – has been acquired by the Texas-based group in a move backed by investor consortium Insight Venture Partners.

No financial details of the deal have been disclosed.

SolarWinds MSP has committed to retaining an office in Dundee but it said job levels would be reviewed.

“SolarWinds MSP will evaluate its longer term requirements and align talent with the needs of the business, and our customers, and communicate any changes in an open and timely manner,” the company said in a statement to The Courier.

LOGICnow is a major employer in Dundee

In October 2015, LOGICnow general Alastair Forbes said the company was committed to retaining its Scottish heritage and had no plans to reduce its investment in the country.

The new owner said it brought together two “complementary leading players in the managed services solutions market.”

It said the acquisition of LOGICnow represented a  major advance in its mission to provide products that are purposefully designed to make the jobs of IT professionals easier.

As a combined group, SolarWinds MSP will serve more than 18,000 managed service providers worldwide, managing more than five million end-points and one million mailboxes. Around 200,000 engineers worldwide will use its products every day.

“SolarWinds is committed to the growing MSP (managed service provider) market and has realized great success through the acquisition of N-able, making the acquisition of LOGICnow a natural next step for us,”  Kevin B.Thompson, president and chief executive officer of SolarWinds, said.

Former LOGICnow CEO Walter Scott has been appointed as executive vice-president of the new enlarged group.

He said: “Our strategic vision and ability to execute will provide ever-greater support to our customers as they differentiate their services and look to achieve faster, more profitable business growth.

“We’re excited to be able to join forces with SolarWinds N-able as part of the SolarWinds family to empower our MSP customers to build the most successful businesses in their markets.”

Already a subscriber? Sign in

[[title]]

[[text]]