Splunk to buy cloud software firm SignalFx in US$1bn deal

By on
Splunk to buy cloud software firm SignalFx in US$1bn deal

Snaps up cloud monitoring app vendor.

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 US$1.05 billion. Splunk shares rose 7.4 percent to US$137.99 in extended trade. Splunk hopes the deal will boost its ...

Hi! You've reached one of our premium articles. This is available exclusively to subscribers.

It's free to register, and only takes a few minutes.

Once you sign up you'll have unlimited access to the full catalogue of Australia's best business IT content, as well as a daily news bulletin delivered straight to your inbox.

Register now
Got a news tip for our journalists? Share it with us anonymously here.
Tags:
cloud signalfx splunk strategy

Most Read Articles

Gallery: The epic four-day Antarctic trek to maintain ONE IoT device

Gallery: The epic four-day Antarctic trek to maintain ONE IoT device
ANZ prototypes 21 new apps in three-day open banking sprint

ANZ prototypes 21 new apps in three-day open banking sprint
Telstra blocks 2.9m scam calls in one month

Telstra blocks 2.9m scam calls in one month
Suncorp's new CEO appointment set to return focus to stalled Oracle core

Suncorp's new CEO appointment set to return focus to stalled Oracle core
You must be a registered member of iTnews to post a comment.
| Register

Whitepapers from our sponsors

Is your AWS framework well-architected?
Is your AWS framework well-architected?
Why you should reassess your cybersecurity posture
Why you should reassess your cybersecurity posture
How will you manage the cloud data deluge?
How will you manage the cloud data deluge?
Follow these steps to prevent targeted attacks
Follow these steps to prevent targeted attacks
Your mobile devices may not be secure – learn how to fix that
Your mobile devices may not be secure – learn how to fix that

Events

Log In

Username / Email:
Password:
  |  Forgot your password?