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.