N-able acquires cybersecurity provider Adlumin in $266M deal - SiliconANGLE
N-able acquires cybersecurity provider Adlumin in $266M deal
N-able Inc., a supplier of software for managed service providers, is acquiring partner Adlumin Inc. to expand its cybersecurity portfolio.
The companies announced the deal today. N-able is financing the transaction with $220 million in cash and 15.7 million shares, which are worth about $16 million at its current stock price. Adlumin investors will receive up to $30 million more by the end of 2026 if certain performance milestones are...
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