SolarWinds (NYSE:SWI) agrees to be acquired in $4.5B deal

Update: In September 2018, SolarWinds filed for a public offering again, after three years of being owned by private equity firms. SolarWinds completed their public offering on October 19, 2018.

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• Austin software developer SolarWinds Inc. agreed to be bought by investment firms Thoma Bravo and Silver Lake Partners in a deal worth about $4.5 billion.
• The stock jumped 13% Oct. 9 when SolarWinds announced that it was reviewing strategic alternatives.
• California-based Silver Lake Partners also teamed with Michael Dell in a $24.9 billion leverage buyout of Dell Inc. in late 2013.