Zoom In: SolarWinds MSP president discusses spin-off plans and impact on partners
SolarWinds MSP president John Pagliuca has told partners that SolarWinds' impending divestment of its MSP arm is part of a "divide and conquer approach".
First made public in August, Pagliuca reveals the rationale behind the strategy and how partners can expect to be impacted.
In its latest financials, published alongside the spin-off annoucement, SolarWinds MSP grew its revenues by seven per cent to $246m, while operating profits rose by 16 per cent to $35.14m.
The vendor swept into the MSP market back in 2013, following its buy of remote monitoring management firm N-Able.
A subsequent 2016 acquisition of cloud SaaS player LogicNow further bolstered its managed services portfolio.
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