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Solarwinds Announces Early Termination Of Hart-Scott-Rodino Waiting Period

The following excerpt is from the company's SEC filing.

AUSTIN, Texas - November 16, 2015 SolarWinds, Inc. (NYSE: SWI) (SolarWinds, the Company, we, us or our), a leading provider of powerful and affordable IT management software, today announced that the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976, as amended (the HSR Act), applicable to its proposed acquisition by an affiliate of Silver Lake Partners (Silver Lake) and Thoma Bravo, LLC (Thoma Bravo), was terminated early by the United States Federal Trade Commission and the Antitrust Division of the United States Department of Justice on November 12, 2015.

As previously announced on October 21, 2015, SolarWinds has entered into a definitive agreement (the Merger Agreement) to be acquired by leading private equity technology investment firms Silver Lake and Thoma Bravo in a transaction valued at approximately $4.5 billion (the Merger). Termination of the HSR Act waiting period is one of the specified conditions to which closing of the Merger is subject.

The completion of the Merger remains subject to certain other closing conditions, including adoption of the Merger Agreement by our stockholders and the receipt of certain other non-United States regulatory approvals.

About SolarWinds

SolarWinds (NYSE: SWI) provides powerful and affordable hybrid IT infrastructure management software to customers worldwide from Fortune 500® enterprises to small businesses, government agencies and educational institutions. We are committed to focusing exclusively on IT Pros, and strive to eliminate the complexity that they have been forced to accept from traditional enterprise software vendors. Regardless of where the IT asset or user sits, SolarWinds delivers products that are easy to find, buy, use, maintain, and scale while providing the power to address all key areas of the infrastructure from on premises to the Cloud. Our solutions are rooted in our deep connection to our user base, which interacts in our thwack® online community to solve problems, share technology and best practices, and directly participate in our product development process. Learn more today at http://www.SolarWinds.com/.

About Silver Lake

Silver Lake is the global leader in technology investing, with over $26 billion in combined assets under management and committed capital. The firms portfolio of investments collectively generates more than $85 billion of revenue annually and employs more than 170,000 people globally. Silver Lake has a team of approximately 100 investment and value creation professionals located in New York, Menlo Park, San Mateo, London, Hong Kong and Tokyo. The firms current portfolio includes leading technology and technology-enabled businesses such as Alibaba Group, Avago, Avaya, Dell, Global Blue, Go Daddy, Hillstone Networks, Intelsat, Interactive Data Corporation, Qunar, Quorum Business Solutions, Red Ventures, Sabre, SMART Modular, SunGard, Vantage Data Centers, Virtu...


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