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N-able ( (NABL) ) has provided an update.
N-able has acquired Adlumin to enhance its security and IT management platform with Adlumin’s cloud-native XDR and MDR capabilities. The merger, valued at $250 million in cash and stock, aims to strengthen N-able’s cybersecurity portfolio and boost its annual recurring revenue. This acquisition promises to deliver deeper security insights and advanced protection for managed service providers and IT teams, addressing the growing overlap between IT operations and security operations.
See more data about NABL stock on TipRanks’ Stock Analysis page.