NinjaOne plans to acquire Dropsuite for $252 million, enhancing its SaaS backup services and Data Loss Prevention capabilities, in addition to its endpoint management solutions. The acquisition is likely to take place in the first half of 2025, pending authority and shareholder approvals. As organizations' reliance on SaaS grows, the need for SaaS security and data backup is increasing rapidly, with projections indicating that 75% will prioritize backup by 2028. This strategic move aligns with NinjaOne's recent developments targeting Managed Service Providers.
The acquisition of Dropsuite for $252 million by NinjaOne aims to enhance its SaaS backup services and Data Loss Prevention.
With the increasing reliance on SaaS, 75% of organizations will prioritize SaaS application backups by 2028, according to Gartner.
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