The acquisition, which is expected to close in the first half of 2025, is aimed at beefing up NinjaOne's data protection offerings for cloud-based software applications.

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Austin-based NinjaOne to buy cloud backup company Dropsuite in $252M deal

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AUSTIN, Texas & MELBOURNE, Australia--(BUSINESS WIRE)--Jan 27, 2025-

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NinjaOne Announces Intent to Acquire SaaS Backup and Data Protection Leader Dropsuite

Shares in West Perth-registered cloud and software provider Dropsuite surged 30 per cent after a bid to acquire the company by US SaaS provider NinjaOne.

Business News

Dropsuite in $420m buyout

NinjaOne acquires Dropsuite for $252 million, strengthens position in SaaS security and data backup for comprehensive IT management solutions.

Techzine Europe

NinjaOne nears acquisition of Dropsuite

NinjaOne LLC announced a definitive agreement for NinjaOne to acquire Dropsuite Ltd. 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. […] The post NinjaOne to Acquire Dropsuite appeared first on St…

StorageNewsletter

NinjaOne to Acquire Dropsuite

Endpoint management platform NinjaOne has spent US$252 million acquiring Australian cloud backup provider Dropsuite. Founded in Melbourne in 2012, Dropsuite has offices across Australia, Singapore, Malaysia and US. “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 de…

NinjaOne buys Dropsuite for US$252M

TheÂ S&P/ASX 200 Index (ASX: XJO) has fought back from a poor start and is pushing higher. In early afternoon trade, the benchmark index is up 0.2% to 8,425.7 points. Four ASX shares that are rising more than most today are listed below. Here's why they are climbing: Dropsuite Ltd (ASX: DSE) The Dropsuite share price is up 30% to $5.70. Investors have been buying this cloud software platform provider's shares after it received and accepted a tak…

fool.com.au

Why Dropsuite, Monadelphous, Sigma, and Telix shares are storming higher today

NinjaOne has announced it has entered into a definitive agreement to acquire SaaS backup and data protection provider Dropsuite for $252 million. Expected to close during the first half of 2025 subject to customer closing conditions, the acquisition will see Dropsuite’s SaaS data protection suite integrated with NinjaOne’s automated endpoint management platform. NinjaOne said the move will enable IT organizations and MSPs to better defend agains…

Techregister

NinjaOne edges towards $252 million Dropsuite acquisition - Techregister

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 NinjaOne, the 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 transaction value of a…

cioinfluence.com

NinjaOne has announced it has entered into a definitive agreement to acquire SaaS backup and data protection provider Dropsuite for $252 million.

Austin-based NinjaOne to buy cloud backup company Dropsuite in $252M deal

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