![]() ![]() And at the same time, they introduce unique challenges to IT professionals and developers tasked with ensuring high availability and seamless operations. ![]() We are also incredibly impressed by the SignalFx team and leadership, whose expertise and professionalism are a strong addition to the Splunk family.”Ĭloud-native technologies like microservices, containers, orchestrated environments such as Docker and Kubernetes, and serverless functions are driving business outcomes not anticipated just a few years ago as data volumes continue to grow exponentially. “SignalFx will support our continued commitment to giving customers one platform that can monitor the entire enterprise application lifecycle. “Data fuels the modern business, and the acquisition of SignalFx squarely puts Splunk in position as a leader in monitoring and observability at massive scale,” said Splunk president and CEO Doug Merritt. And the acquisition is expected to close in the second half of fiscal 2020 subject to customary closing conditions and regulatory reviews. Plus this firmly places Splunk as the vendor most qualified to deliver these outcomes across the entire suite of enterprise applications at any scale.Īs part of the agreement, Splunk will acquire SignalFx for a total purchase price of approximately $1.05 billion subject to adjustment to be paid approximately 60% in cash and 40% in Splunk common stock. Splunk is a leader in IT operations management and an AIOps pioneer and upon closing, it will be a leader in observability and APM for organizations at every stage of their cloud journey ranging from cloud-native apps to homegrown on-premises applications.Īnd this innovation will help customers deliver cost savings, increased revenue and improved customer experience. SignalFX is a SaaS leader in real-time monitoring and metrics for cloud infrastructure, microservices, and applications. Splunk - the data insights giant - announced a definitive agreement to acquire SignalFx for $1.05 billion. ![]() Data insights giant recently announced that it was acquiring SignalFx for $1.05 billion. ![]()
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