SolarWinds Acquires Cloud Monitoring Company Librato for $40 Million

As cloud adoption continues to increase to a predicted $127-$200 billion market in 2018, service providers are looking for a strategic edge. SolarWinds (NYSE: SWI) believes the acquisition of the cloud monitoring company Librato will give them an advantage. On Thursday, SolarWinds acquired San Francisco-based Librato for $40 million. Librato…