MSP News and Press, Datto Holding Corp. From 05/10/22

Frequent cyberattacks in the region drive the demand for MSPs that can deliver purpose-built security solutions for SME customers Datto Holding Corp. (“Datto”) (NYSE: MSP), the leading global provider of security and cloud-based software solutions purpose-b...

Datto press release (NYSE:MSP): Q1 Non-GAAP EPS of $0.14 beats by $0.01. Revenue of $170.8M (+17.9% Y/Y) beats by $2.36M. Given the pending acquisition by Kaseya, which is subject to regulatory approvals in addition to the satisfaction of customary closing conditions, the company is withdrawi...

First quarter subscription revenue grew 18% year-over-year to $160.5 million and 20% in constant currency ARR grew 20% year-over-year to $689.3 million Datto Holding Corp. (Datto) (NYSE: MSP), the leading global provider of security and cloud-based software solutions pur...

Thoma Bravo continued its binge of software acquisitions last week by entering into an agreement to acquire SailPoint Technologies. Kaseya, a provider of unified IT management and security software, entered into a definitive agreement to acquire Datto Holdings for $6.2 billion. Wi...

CrowdStrike Holdings (NASDAQ:CRWD), CheckPoint Software (NASDAQ:CHKP), SentinelOne (NYSE:S) and Palo Alto Networks (NASDAQ:PANW) shares dipped on Monday despite investment firm Jefferies hiking the price target on the group, noting that "Cybersecurity is more important than ever." Analyst Jos...

Trending Health Care Stocks To Watch In The Stock Market This Week As talks of a possible recession by the end of the year arise, investors could be thinking of rotating towards more defensive positions. As such, they could consider investing in health care stocks . This comes a...

Datto ( NYSE: MSP ), a top provider of cloud-based and security software options for MSPs, and Kaseya, a leading provider of security and IT management software for SMBs and MSPs, announced that they had executed a definitive purchase agreement whereby Kaseya will acquire Datto....

Datto stockholders to receive $35.50 per share in cash First paragraph, second sentence of release should read: TPG (instead of TPG Capital). The updated release reads: DATTO TO BE ACQUIRED BY KASEYA FOR $6.2 BILLION, WITH FUNDING LED BY INSIGHT PARTNERS Da...

Gainers: SailPoint Technologies (SAIL) +29%. VNET Group (VNET)+28%. Datto (MSP) +21%. One Stop Systems (OSS) +17%. AppTech Payments (APCX) +17%. Losers: Cerberus Cyber Sentinel (CISO) -16%. 9F (JFU) -14%. TSR (TSRI) -12%. Sarcos Technology and Robotics (STRC) -11%. Io...

InvestorPlace - Stock Market News, Stock Advice & Trading Tips Today, the three major stock indices are deeply in the red amid a broader market selloff. Investors are pricing in the impact of higher interest rates as inflation continues to surge. However, not all stocks are feeling the...