NinjaOne concludes acquisition of Dropsuite for $270 million, marking a significant expansion in data protection services.
NinjaOne's $270M Acquisition of Dropsuite Strengthens Ransomware Protection and Simplifies Backup Strategies
endpoint management provider NinjaOne has pulled off a major move with its acquisition of Dropsuite, a specialized SaaS backup and data protection service for critical workloads, including cloud backup, archiving, and recovery. This deal, worth a whopping $270 million, is set to revolutionize the game for Managed Service Providers (MSPs) and organizations alike.
Founded a decade ago in 2011, Dropsuite tailors its cloud platform to protect data, ensure business continuity, and simplify compliance for MSPs. The acquisition aims to help NinjaOne's customers minimize ransomware risks by uniting endpoint, server, and SaaS application backup capabilities.
In a triumphant statement, NinjaOne's CEO and co-founder, Sal Sferlazza, hailed the addition as a "major step forward" in their relentless pursuit to help customers boost productivity, safeguard data, and build resilience. He further explained that Dropsuite's integration would not only expand backup protection options but would also bolster the NinjaOne family with a new crew whose values align perfectly with the company's mission.
A Unified Front Against Ransomware Threats
Timed perfectly, the acquisition arrives when numerous organizations are still plagued with fragmented backup strategies due to the proliferation of various endpoints, cloud applications, remote devices, and SaaS platforms. This hodgepodge approach can introduce unnecessary complexities in IT and security, posing potential threats when dealing with the escalating ransomware attacks surging across the globe.
According to Phil Hochmuth, program vice president at research firm IDC's Endpoint Management & Enterprise Mobility division, this fragmented approach introduces inefficiencies and blind spots, increasing the risk of operational disruptions and intentional or unintentional data loss due to human error, application issues, unhappy employees, or cyber attacks.
With Dropsuite's integration into the NinjaOne portfolio, the firm can now offer a unified backup suite capable of securing automated backups across endpoints, servers, Microsoft 365 (M365), Google Workspace, and real-time archiving in a single platform. This unified approach empowers organizations of all sizes to streamline their workloads while relying on robust data protection, simplified backup workflows, and enhanced security and compliance.
"Dropsuite helps organizations protect their data with intuitive yet powerful cloud backup software," commented Charif El-Ansari, CEO at Dropsuite. "Together with NinjaOne, we're even better suited to make our customers successful with a single integrated console that automates endpoint and SaaS application backup. We will continue to solve our customers' biggest challenges together."
With the acquisition, NinjaOne positions itself as a formidable force in the race against cyber threats, ensuring its clients have an edge in the fight against ransomware attacks and other malicious activities. As the company continues to grow and evolve, it's an exciting time for organizations and MSPs alike to embrace this unified backup solution and take a proactive stance against the ever-looming threat of cyber attacks.
Further Reads:
- NinjaOne Secures $500 Million Investment at $5 Billion Valuation
- NinjaOne Unveils New Channel Program to Drive Partner Growth
- Ransomware remediation: What steps should your business take for recovery?
- The acquisition of Dropsuite by NinjaOne, worth $270 million, is predicted to simplify compliance for Managed Service Providers (MSPs) and organizations by uniting endpoint, server, and SaaS application backup capabilities, offering a unified backup suite for robust data protection.
- The integration of Dropsuite into the NinjaOne portfolio is significant, as it allows the firm to provide automated backups across endpoints, servers, Microsoft 365 (M365), Google Workspace, and real-time archiving in a single platform, streamlining workloads and relying on strong security and compliance.
- The addition of Dropsuite to NinjaOne's services can help organizations minimize ransomware risks and safeguard their data, aligning with the company's mission as it positions itself as a formidable force against cyber threats in the ever-looming fight against ransomware attacks and other malicious activities.
