Data analytics software maker Splunk Inc on Wednesday said it would acquire privately held SignalFx, which makes software for the cloud, in a cash and stock deal for about $1.05 billion. Splunk hopes the deal will boost its capabilities by allowing its customers to use SignalFx products to monitor their data centres and applications in real-time.
27 Aug 2019
Splunk acquires $1bn cloud software firm, US & Asia pour $3.7bn into UK Tech, Hedge funds steer away from Tech
Sign up to access
Get access to our full offering from over 30 providers
Get access to our full offering from over 30 providers
Splunk acquires $1bn cloud software firm, US & Asia pour $3.7bn into UK Tech, Hedge funds steer away from Tech
Aferian plc (AFRN:LON), 7.4 | IQE plc (IQE:LON), 27.4
- Published:
27 Aug 2019 -
Author:
Kartik Swaminathan -
Pages:
4
Data analytics software maker Splunk Inc on Wednesday said it would acquire privately held SignalFx, which makes software for the cloud, in a cash and stock deal for about $1.05 billion. Splunk hopes the deal will boost its capabilities by allowing its customers to use SignalFx products to monitor their data centres and applications in real-time.