SolarWinds Corp


SWI

Price

10.88


Change

-0.07


High

11.05


Low

10.81


Avg Volume

506,947


PE Ratio

-196.75


52 Week High

12.37


52 Week Low

7.43



Profile

SolarWinds Inc. is an American company that develops software for businesses to help manage their networks, systems, and information technology infrastructure. SolarWinds is headquartered in Austin, Texas, with sales and product development offices in a number of locations in the United States and several other countries around the world. The company was publicly traded from May 2009 until the end of 2015, and again from October 2018. It has also acquired a number of companies, some of which it still operates under their original brand names including Pingdom, Papertrail, and Loggly. SolarWinds was officially founded in 1999 in Tulsa, Oklahoma, and had maintained profitability since its founding. The company was co-founded by Donald Yonce and his brother David Yonce. SolarWinds released its first products, Trace Route and Ping Sweep, earlier in March 1998 and released its first web-based network performance monitoring application in November 2001. According to Michael Bennett, who became the chief executive officer in 2006, the name SolarWinds was chosen by an early employee and that the company has nothing to do with solar or wind power. In 2006, the company moved its headquarters to Austin, Texas, where about 300 of the company's total 450 employees were based as of 2011.


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