In a strategic move to address the rising demand for comprehensive data protection solutions, NinjaOne, an automated endpoint management platform, announced a definitive agreement to acquire Dropsuite Ltd. Dropsuite is renowned for its cloud data backup, archiving, and recovery solutions, and the acquisition deal is valued at approximately $252 million. This transaction is set to be completed in the first half of 2025, pending necessary approvals from Dropsuite shareholders, court reviews, Australia’s Foreign Investment Review Board (FIRB), and other customary conditions. For businesses and IT organizations, this merger promises significant advancements in data security and recovery capabilities in an increasingly digital and multi-device work environment.
Rising Demand for SaaS Data Protection
The central theme of this acquisition centers around the growing imperative for robust data protection in the face of increased SaaS (Software-as-a-Service) application usage across varied devices. With this rise in SaaS application employment comes heightened exposure to potential security threats and data loss incidents. According to Gartner, a leading research and advisory company, 75% of enterprises will consider backups for their SaaS applications as essential by 2028—a noteworthy upsurge from the 15% projected in 2024. This substantial shift indicates a heightened awareness of the critical role data protection plays in organizational resilience and security.
Further emphasizing the need for improved data protection strategies, a study by Enterprise Strategy Group revealed that 70% of employees use four or more devices daily. This proliferation of devices presents a challenge for IT organizations, 90% of which struggle to effectively monitor and manage all endpoints. Adding Dropsuite’s expertise in cloud data backup and recovery to NinjaOne’s capabilities means IT and managed service provider (MSP) organizations will have access to a more comprehensive toolkit aimed at safeguarding essential business data and ensuring continuity despite potential cyber threats, accidental deletions, and regulatory compliance requirements.
Strategic Integration and Comprehensive Solutions
NinjaOne’s integration with Dropsuite is poised to deliver extraordinary benefits to IT and MSP organizations. The combined platform will offer extended data protection by safeguarding both SaaS applications and physical devices from myriad risks, ranging from accidental deletions to sophisticated ransomware attacks. Additionally, the platform will automate the setup and recovery processes, enabling businesses to restore files, emails, calendars, and Entra ID with ease. The introduction of native multi-tenancy ensures seamless operations within multi-tenant IT and MSP environments, as well as within individual organizations. Lastly, enhanced data discovery features will simplify the retrieval of historical data assets, significantly reducing labor-intensive efforts.
Sal Sferlazza, CEO and co-founder of NinjaOne, highlighted the importance of the acquisition in terms of extending data protection from endpoints to SaaS applications. He noted that improving automated processes and simplifying backup procedures would help bridge critical data protection gaps that many organizations currently face. Meanwhile, Dropsuite’s CEO, Charif El-Ansari, expressed enthusiasm about the merger, emphasizing that joining NinjaOne means better tools for protecting critical SaaS applications and endpoints through a single, cohesive platform. This integration not only enhances their service offerings but also fosters the success of their customers and distribution partners.
NinjaOne and Dropsuite: A Synergy in Data Protection
NinjaOne, a leading automated endpoint management platform, has made a strategic decision to acquire Dropsuite Ltd in response to the growing demand for robust data protection solutions. Dropsuite, known for its exceptional cloud data backup, archiving, and recovery services, will be acquired by NinjaOne in a deal valued at around $252 million. The completion of this acquisition is expected in the first half of 2025, subject to approvals from Dropsuite shareholders, court reviews, Australia’s Foreign Investment Review Board (FIRB), and other regular conditions. This merger is set to offer substantial enhancements in data security and recovery capabilities for businesses and IT organizations, especially within today’s digital and multi-device workspaces. With this acquisition, NinjaOne aims to bolster its offerings, ensuring that companies can operate more securely and efficiently amidst an ever-evolving technological landscape. This move highlights NinjaOne’s commitment to providing top-tier data protection and recovery solutions to address the needs of modern businesses.
