NinjaOne’s $252M Power Move: Leveling Up Data Protection with Dropsuite Acquisition

NinjaOne is set to acquire Dropsuite for around $252 million. This acquisition aims to combine NinjaOne’s endpoint management with Dropsuite’s data protection, offering enhanced security solutions. The deal is expected to close in the first half of 2025, and it’s all backed by the current AUD-USD exchange rate.

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Hot Take:

Looks like NinjaOne is flexing its financial muscles and getting ready to rescue more data damsels in distress with a $252 million cape made of Australian dollars. Maybe now they can finally change their name from NinjaOne to NinjaTwo in honor of their new sidekick, Dropsuite. Saving data has never looked this cool!

Key Points:

  • NinjaOne plans to acquire Dropsuite for approximately $252 million, subject to AUD-USD exchange rate fluctuations.
  • The acquisition is set to close in the first half of 2025.
  • NinjaOne offers endpoint management, security, and backup solutions.
  • Dropsuite specializes in cloud data backup, recovery, and compliance for SaaS applications.
  • The merger aims to offer enhanced data protection and automated services for IT and MSP organizations.

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