Kaseya Closes Acquisition of Datto

Kaseya has completed its acquisition of Datto for $6.2 billion, representing a share price of $35.50.

The move is believed to strengthen Kaseya’s “IT Complete” platform with a variety of new solutions filling gaps in the previous service line. Kaseya announced that at least 17 workflow integrations between Datto products and the Kaseya platform are planned within the first month, and that all commercial integrations are anticipated to be completed within 120 days.

The list pricing on all Datto technology is expected to be reduced by an average of 10% on new purchases.

“As we promised when we announced our intent to buy Datto, customers are going to see investment in innovation and integrations go up and prices come down,” said Kaseya CEO Fred Voccola. “We are increasing our technical investment in our products to ensure that every one of them will be supported and integrated, with enhanced functionality.”

“This is absolutely the best thing that could have happened to Datto, our employees and most importantly our MSP Partners,” said Rob Rae, Datto’s Senior Vice President of Business Development. “Datto has always been committed to building great technology and creating a culture where its MSPs customers always come first —and as part of Kaseya, we will be able to do this bigger, better, and at lower cost to the MSP.”

Datto will continue to operate as an autonomous brand from Norwalk, Connecticut, continuing its emphasis on unified continuity, networking, endpoint management and business management solutions. Headquartered in Miami with a presence in more than 25 countries, Kaseya provides unified IT & security management software for managed service providers and mid-market enterprises. Prominent brands include IT Glue, RapidFire Tools, Unitrends, Spanning Cloud Apps, TruMethods, ID Agent, Graphus and RocketCyber.

Channel Impact^®
The move is intended to help boost innovation at reduced prices. Customers and partners can expect to see investments focused on upgrades and innovations to all Datto product offerings.