Tag Archives: swi

SolarWinds Acquires Sweden’s Pingdom, Website Tools

SolarWinds (SWI) on Wednesday said it’s agreed to buy Sweden-based Pingdom, whose customers for website performance monitoring tools are said to include Spotify, Microsoft (MSFT), Twitter (TWTR), eBay (EBAY) and GitHub. Terms were not disclosed. SolarWinds stock was up a fraction in afternoon trading in the stock market today. Stockholm-based Pingdom, founded in 2007, also provides Web application performance monitoring. Pingdom has 500,000

SolarWinds Q2 Revenue Outlook Light; Stock Falls

SolarWinds (SWI) stock fell Wednesday after the company’s Q2 revenue guidance missed Wall Street expectations, though Q1 earnings topped views. SolarWinds stock was down more than 7% in midday trading in the stock market today, near 39, earlier touching a four-month low. Austin, Texas-based SolarWinds late Tuesday said it earned 41 cents per share in Q1, including a 2-cent tax benefit, even with the year-earlier quarter. Revenue rose 32% to $95.9