Datto bought
WebApr 11, 2024 · Shares of Datto Holding Corp. shot up 20.2% into record territory in premarket trading Monday, provider of security for managed service providers (MSPs) announced an agreement to be acquired by security software provider Kaseya in a cash deal valued at $6.2 billion. Under terms of the deal, Kaseya will pay $35.50 for each … WebApr 11, 2024 · Datto generated $618.7 million in revenue in the fiscal year 2024, growing 19.3% year over year. The deal is expected to close in the second half of the year.
Datto bought
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WebApr 8, 2024 · When Datto bought them out we were reassured that the single-purchase model would continue and Datto would offer their own services alongside it. I knew it was too good to be true, and now it seems it is. Datto has discontinued all Openmesh/Cloudtrax products and are just offering the same products under their own name. WebJun 23, 2024 · MIAMI, FL – June 23, 2024 – Kaseya, the premier provider of unified IT and security management software for managed service providers (MSPs) and mid-market enterprises (MME), today announced it has completed its acquisition of Datto for $6.2 …
WebJul 11, 2024 · July 11, 2024. The software giant responded to Austin McChord’s digs regarding the Kaseya/Datto deal which caused a renewed stir. The chief financial officer at Kaseya is firing back in an internal email obtained by Channel Futures, taking on accusations from the founder of Datto. Weeks after the Kaseya purchase of Datto … WebApr 11, 2024 · Founded in 2007, Datto makes security and cloud-based software for managed service providers for small and medium-sized businesses. Vista Equity acquired Datto in 2024 and merged it with...
WebApr 18, 2024 · April 18, 2024, 08:30 AM EDT. Concerned Datto MSPs tell CRN they are now considering their options for moving off the company’s services as it prepares to be … Web6 Wall Street analysts have issued 1-year price targets for Datto's shares. Their MSP share price forecasts range from $35.50 to $35.50. On average, they predict the company's stock price to reach $35.50 in the next twelve months. This suggests a possible upside of 0.9% from the stock's current price. View analysts price targets for MSP or view ...
WebJun 23, 2024 · Datto will continue to operate as an autonomous brand from Norwalk, Connecticut and other locations, with Kaseya’s official global headquarters in Miami. ... “I want to reiterate – we bought ...
WebOct 16, 2024 · It was just a few weeks ago that Datto, what TechCrunch called a "backup and disaster recovery firm," filed to go public. ... Vista bought Datto for around $1.5 billion, and is set to make billions on its exit, based on the company's expected IPO pricing. Per the data firm's latest S-1 filing, Datto is targeting a $24 to $27 per share price ... cumberland county rabies clinic 2022WebDec 11, 2024 · Datto was simultaneously acquired by private equity firm Vista Equity Partners, which acquired Autotask in 2014, as part of the agreement. By coming together, Datto and Autotask create a managed ... east robertson high school girls soccerWebIf we left nable's RMM (the little one, because they have two like kaseya will have two), datto was where we'd go. This is going to force us out of RMM eventually likely with … cumberland county public library vaWebApr 12, 2024 · Posted on April 12, 2024 Managed IT Support, Security Yesterday Kaseya announced that it had entered into a definitive agreement to acquire Datto for $6.2 billion dollars in an all cash deal that would offer $35.50 per-share and bring Datto into private ownership in a deal led by Insight Partners. east robertson high school logoWebJul 9, 2024 · Here's a look at why Datto founder and former CEO Austin McChord is accusing Kaseya - which acquired Datto for $6.2 billion just 16 days ago- of destroying the Datto culture. east robertson football dallas caffreyFounded in 2007 in Connecticut by software programmer Austin McChord, McChord initially built and marketed his own hand-made data backup devices. Securing his first customers in 2008, he afterwards built a system that allowed for data synchronization between two computers, before building a version of Zenith InfoTech that ran on Linux. By the end of 2009, the company had $70,000 in monthly sales. When a new Datto product in 2… cumberland county public utilities ncWeb“Every time that Kaseya has bought a company, we didn’t leave it alone. We reinforce and invest more. That is the plan with Datto. ... “With Datto, the plan is that we will support all products moving forward – and not to force customers to switch. For companies like Kaseya it might cost us $10-20 million to maintain multiple products ... cumberland county rabies clinics