Splunk to acquire VictorOps for $120 million

Splunk acquisition
Machine data company Splunk is set to acquire VictorOps, DevOps incident management company, for approximately $120 million in cash and Splunk securities.

By applying ML and AI to monitoring, event management and incident management data, Splunk and VictorOps will enable DevOps teams to speed resolution and learn from past actions to make proactive recommendations.

Customers use Splunk Enterprise to proactively monitor, visualize and get answers from their machine data.

Baburajan Kizhakedath
Baburajan Kizhakedath
Baburajan Kizhakedath is the editor of InfotechLead.com. He has three decades of experience in tech media.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Latest

More like this
Related

Agentic AI to Drive Conversational AI Revenue to $8.5 bn by 2030, Says Juniper Research

Global revenue from conversational AI services powered by agentic...

IBM Study: AI Spending to Surge 71% by 2027 as CIOs Struggle With Governance and Security Risks

As enterprises accelerate artificial intelligence adoption, a new IBM...

Cloudflare Acquires VoidZero to Strengthen AI-Powered Web Development and Vite Ecosystem

Cloudflare has announced the acquisition of VoidZero, the company...