When Barracuda Networks acquired Managed Workplace from Avast in early 2019, the niche deal didn't turn too many heads in the IT channel. Still, it caught ChannelE2E's attention for multiple reasons back when the deal was announced -- and again this week.Managed Workplace, originally developed by the former Level Platforms, was an early leader in the RMM (remote monitoring and management) software market for MSPs (managed IT services providers). The software's early tagline -- essentially "See All, Manage All" -- provided a grand vision for the emerging MSP market in the 2005 timeframe or so.In terms of market share, Managed Workplace had a respectable footprint through about 2010, but the original owner (Level Platforms) got squeezed as ConnectWise, Continuum, Kaseya and SolarWinds MSP (and more recently, Datto) each rolled up multiple tools and technologies into their respective MSP platforms. The picture for Managed Workplace further weakened as the software bounced from one owner (Level Platforms) to another (AVG) and to another (Avast), and modern MSP software upstarts like NinjaRMM gained momentum.So why mention Managed Workplace here -- today? The answer involves new revenue clues about the RMM software platform, and what Barracuda may have planned for the offering.Barracuda MSP's security, backup and data protection solutions to the Managed Workplace installed base. Managed Workplace to Barracuda VARs worldwide that have yet to select an RMM platform. the entire Barracuda suite to the entire Managed Workplace customer database -- including MSPs that may have abandoned Managed Workplace in recent years. Barracuda never disclosed how much it paid for Managed Workplace. ChannelE2E suspects it was a bargain basement deal. But those types of deals -- low cost, high value -- often deliver surprisingly big returns...
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