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

AWS suffers cloud problems in Sydney region

AWS suffers cloud problems in Sydney region
The CIO moves that made headlines in 2019

The CIO moves that made headlines in 2019
Optus breaks silence on NBN Co's enterprise behaviour

Optus breaks silence on NBN Co's enterprise behaviour
Service NSW loses digital chief to Queensland government

Service NSW loses digital chief to Queensland government
You must be a registered member of iTnews to post a comment.
| Register

Whitepapers from our sponsors

Are you getting profitable outcomes from your IT?
Are you getting profitable outcomes from your IT?
Your Microsoft Security journey starts here
Your Microsoft Security journey starts here
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?

Events

Log In

Username / Email:
Password:
  |  Forgot your password?