Latest news with #SalSferlazza
Business Wire
02-06-2025
- Business
- Business Wire
NinjaOne Completes Acquisition of SaaS Backup and Data Protection Leader Dropsuite
AUSTIN, Texas--(BUSINESS WIRE)-- NinjaOne ®, the automated endpoint management platform, today announced it has completed the acquisition of Dropsuite for approximately $270 million USD to help organizations reclaim lost productivity and reduce the risk of ransomware. With the addition of Dropsuite, NinjaOne customers can unify endpoint, server, and SaaS application backup use cases, delivering a single interface for IT and enhanced productivity for employees. This acquisition is a major step forward in how we help customers improve business productivity, protect their data, and build resilience. IT teams' responsibilities span across endpoints, cloud applications, remote devices, and SaaS platforms, yet many organizations still have fragmented backup strategies, tools, and teams. This disjointed approach introduces unnecessary complexities and blind spots in IT and security. As security risks intensify and compliance demands grow, disparate backup and email archiving strategies can hinder data recovery, complicate oversight, reduce productivity, and expose organizations to significant risks like ransomware incidents. With the addition of Dropsuite, NinjaOne now has a unified backup suite that provides secure automated backup across endpoints, servers, M365, and Google Workspace, as well as real-time email archiving. By unifying these use cases in a single platform, organizations at any scale simplify work for employees and IT, and gain robust data protection, simplified backup workflows, and a stronger security and compliance posture. 'Data is everywhere – endpoints, cloud applications, home offices, remote devices, and SaaS platforms. Amid surging ransomware attacks, many organizations have a fragmented backup strategy with a patchwork of legacy endpoint tools, bolt-on SaaS protectors, and disconnected consoles,' said Phil Hochmuth, Program Vice President, Endpoint Management & Enterprise Mobility at IDC. 'This approach introduces inefficiencies and blind spots and increases the risk of operational disruptions and intentional and unintentional data loss from human error, application issues, disgruntled employees, and cyberattacks.' 'This acquisition is a major step forward in how we help customers improve business productivity, protect their data, and build resilience. The addition of Dropsuite not only expands the backup protection we offer, but it also brings a team of new Ninjas whose mindset perfectly aligns with NinjaOne's values,' said Sal Sferlazza, CEO and co-founder at NinjaOne. 'Dropsuite's commitment to customer success and product excellence will help us accelerate growth and better serve our customers. I couldn't be happier to welcome our new team members to NinjaOne.' 'Dropsuite helps organizations protect their data with intuitive yet powerful cloud backup software. Together with NinjaOne, we're even better suited to make our customers successful with one integrated console that automates endpoint and SaaS application backup,' said Charif El-Ansari, CEO at Dropsuite. 'We will continue to solve our customers' biggest challenges together.' Learn more about NinjaOne Backup here: About NinjaOne NinjaOne, the automated endpoint management platform, delivers visibility, security, and control over all endpoints for more than 24,000 customers in 130+ countries. The cloud-native NinjaOne platform simplifies endpoint management, patching, and visibility for environments at any scale. It is proven to increase productivity, reduce security risk, and lower costs. NinjaOne is obsessed with customer success and provides free and unlimited onboarding, training, and support. Try NinjaOne for free at .
Los Angeles Times
31-01-2025
- Business
- Los Angeles Times
Automated Endpoint Management Platform NinjaOne Australia to Acquire Dropsuite
NinjaOne Australia Pty Ltd., an automated endpoint management platform, agreed to acquire Dropsuite in a $252 million deal. Dropsuite's largest shareholder is Santa Monica-based investment firm Topline Capital Management, which controls approximately 31% of the company's voting shares. The acquisition is expected to close in the first half of 2025, subject to regulatory approvals. 'Dropsuite will help our customers be more successful by extending data protection from the endpoint to SaaS applications, automating and simplifying backup, and filling critical data protection gaps,' said Sal Sferlazza, chief executive of NinjaOne, in a statement. Topline Capital Management was founded by Collin McBirney in 2018. He previously worked as an equity research analyst at PIMCO in Newport Beach.
Yahoo
27-01-2025
- Business
- Yahoo
NinjaOne Announces Intent to Acquire SaaS Backup and Data Protection Leader Dropsuite
Dropsuite's backup and data protection suite delivers a last line of defense against ransomware attacks and IT incidents for millions of users of Microsoft 365, Google Workspace, and other SaaS applications AUSTIN, Texas & MELBOURNE, Australia, January 27, 2025--(BUSINESS WIRE)--NinjaOne®, the automated endpoint management platform, and Dropsuite (ASX: DSE), a leader in cloud data backup, archiving, and recovery solutions, today announced a definitive agreement for NinjaOne to acquire Dropsuite for a total transaction value of approximately $252 million (USD)1. The acquisition is expected to close in the first half of 2025, subject to approval by Dropsuite's shareholders, court approval, Australia's Foreign Investment Review Board (FIRB) approval, and other customary closing conditions. Employees are spending more time in SaaS applications on more devices than ever before, making them a prime target for malicious actors and a common source of IT incidents. According to Gartner2, "By 2028, 75% of enterprises will prioritize backup of SaaS applications as a critical requirement, compared with 15% in 2024." Meanwhile, employees are using more endpoints to access these applications. Seven of every ten employees use four or more devices per day at work, and 90% of IT organizations admit they cannot actively monitor all endpoints, according to Enterprise Strategy Group3. Protecting and backing up critical business data, wherever it lives, should be a core component of any organizational resilience strategy and a baseline requirement for endpoint management platforms. The NinjaOne automated endpoint management platform, combined with Dropsuite's data protection suite, will help IT and MSP organizations safeguard against the impact of catastrophic events such as ransomware attacks and common day-to-day IT nuisances such as accidental deletion and data archiving for legal and compliance through: Extended Data Protection: Secure both SaaS application and physical device data against accidental loss as well as internal and external malicious actors. Automated Setup and Recovery: Deliver business continuity through an easy-to-deploy, fully automated suite that restores files, emails, calendars, and Entra ID with just a few clicks. Native Multitenancy: Extend data protection through an architecture built to natively work as well in complex multi-tenant IT and MSP environments as it does for a single organization. Enhanced Discovery: Give users and admins the ability to comb through historical data assets via an intuitive user interface – reducing the labor and technical effort needed to uncover critical data. "Dropsuite will help our customers be more successful by extending data protection from the endpoint to SaaS applications, automating and simplifying backup, and filling critical data protection gaps," said Sal Sferlazza, CEO and co-founder at NinjaOne. "We are watching the concept of an 'endpoint' evolve from a device to a user in real time. The growth of SaaS applications, BYOD, and the move to remote and hybrid work have transformed customer expectations for endpoint management platforms. Organizations must protect and manage not only the personal and professional devices used by customers and employees but also the applications they use." "By joining NinjaOne, Dropsuite will be able to help provide customers with the tools needed to backup and protect endpoints and the most mission-critical SaaS applications from a single platform. We believe this will contribute to the continued success of our customers and our distribution partners," said Charif El-Ansari, CEO at Dropsuite. "We are thrilled to be joining NinjaOne and look forward to working more closely upon close." "What impressed us most after our due diligence across the SaaS backup and data protection market is that Dropsuite is obsessed with customer success as much as NinjaOne, and their product is widely loved across its customer base and the nearly 1.5 million people who rely on it," said Chris Matarese, President, CFO, and co-founder at NinjaOne. "We have long said we are a build before buy company, and we want to assure our customers and partners that we have passed on a number of potential acquisitions and spent a lot of time to ensure that Dropsuite is as easy to use and deeply integrated into the NinjaOne automated endpoint management platform as the rest of our product suite." For more information about NinjaOne Backup, visit: 1 Calculated based on an exchange ratio of AUD $[1]: USD $[.63], which may fluctuate. 2 Gartner, Magic Quadrant for Enterprise Backup and Recovery Software Solutions, Michael Hoeck, Jason Donham, Rene Rodriguez, Chandra Mukhyala, August 5, 2024 3 Enterprise Strategy Group, a division of TechTarget, Research Publication, Managing the Endpoint Vulnerability Gap: The Convergence of IT and Security to Reduce Exposure; Dave Gruber, Principal Analyst; Gabe Knuth, Senior Analyst; and Bill Lundell, Director of Syndicated Research; May 2023 About NinjaOne NinjaOne automates the hardest parts of IT, delivering visibility, security, and control over all endpoints for more than 20,000 customers. The NinjaOne automated endpoint management platform is proven to increase productivity, reduce security risk, and lower costs for IT teams and managed service providers. NinjaOne is obsessed with customer success and provides free and unlimited onboarding, training, and support. NinjaOne is #1 on G2 in endpoint management, patch management, remote monitoring and management, and mobile device management. Try NinjaOne for free at About Dropsuite Dropsuite is an award-winning cloud software platform enabling businesses and organizations globally to easily backup, recover and protect their important business information. Dropsuite's commitment to advanced, secure, and scalable cloud technologies keeps them at the forefront of the industry and makes them the preferred choice of leading IT Administrators and Managed Service Providers globally. For more information, visit or follow us on LinkedIn, Facebook, or X. Advisors Dropsuite has engaged Canaccord Genuity as financial advisor and Herbert Smith Freehills as legal counsel. NinjaOne has engaged Goodwin Procter LLP and Gilbert + Tobin Lawyers as its legal counsel. 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