NinjaOne, an automated endpoint management platform, and Dropsuite, a leader in cloud data backup, archiving, and recovery solutions, today announced a definitive agreement for NinjaOne to acquire Dropsuite for a total deal value of about $252 million. This deal is expected to close in the first half of this year, subject to approval by Dropsuite’s and other customary closing conditions.
Employees have been spending more time in SaaS applications on more devices than ever before, which makes them a target for malicious actors and a common source of IT incidents.
NinjaOne’s automated endpoint management platform, when 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 like accidental deletion and data archiving for legal and compliance through:
1.) Extended Data Protection – Secure SaaS application and physical device data against accidental loss and internal and external malicious actors.
2.) 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.
3.) Native Multitenancy – Extend data protection through an architecture built to work as natively in complex multi-tenant IT and MSP environments as it does for a single organization.
4.) 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.
KEY QUOTES:
“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. 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.”
– Sal Sferlazza, CEO and co-founder at NinjaOne
“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. We are thrilled to be joining NinjaOne and look forward to working more closely upon close.”
– Charif El-Ansari, CEO at Dropsuite
“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. 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.”
– Chris Matarese, President, CFO, and co-founder at NinjaOne
