N‑able has acquired security operations platform provider Adlumin, which it already partnered with to provide extended detection and response (XDR) and managed detection and response (MDR) services.
The deal will allow N‑able to incorporate Adlumin’s technology with N‑able’s security, unified endpoint management, and data protection solutions.
“We’ve proven out customer demand with robust growth and we determined that we could scale our business faster if we owned it,” stated John Pagliuca, President and CEO of N‑able.
“Their security operations platform fits perfectly within our Ecoverse vision for unifying security and unified endpoint management into a single platform, allowing us to build upon the success we’ve already achieved together.”
N‑able aims to scale its security portfolio and fast-growing annual recurring revenue from the existing partnership, it stated.
The acquisition will enable N‑able to deliver “deeper insights and remediation across the entire IT environment”, the company claimed.
N-Able used its announcement about the deal to tout its Ecoverse as a way to help “close the coverage gaps between IT professionals’ often-multi-vendor, multi-product software stacks.”