202020 Oct
Splunk to Acquire Plumbr and Rigor, Expanding the World’s Most Comprehensive Observability Portfolio
Type
Acquisitions
Companies
Source
Businesswire
Summary

Development, operations and IT teams everywhere require real-time, full-fidelity and ML-driven solutions that can help them quickly and confidently modernize and build cloud-native applications,” said Tim Tully, chief technology officer, Splunk. We’re looking forward to diving in with the Splunk team and helping the company expand its vision to bring data to everything.” Rigor delivers a unique DEM platform that combines the power of synthetic monitoring with an intelligent optimization engine to help customers find, fix and prevent web and API performance issues impacting user experiences. This press release contains forward-looking statements that involve risks and uncertainties, including statements regarding the expected benefits of the acquisitions of Plumbr and Rigor, the impact of the acquisitions on Splunk’s existing and future products and services, the capabilities of Plumbr’s and Rigor’s products and services, and the expected benefits of the combined offerings. There are a significant number of factors that could cause actual results to differ materially from statements made in this press release, including: difficulties encountered in closing the acquisition of Rigor; challenges in integrating the Plumbr’s and Rigor’s businesses, technologies, personnel and operations; costs related to the acquisitions; market acceptance of the acquisitions and resulting products and services; Splunk’s inability to realize value from its significant investments in its business, including product and service innovations; and general market, political, economic and business conditions. Splunk does not assume any obligation to update the forward-looking statements provided to reflect events that occur or circumstances that exist after the date on which they were made.

Classifications
  • Security
  • Networking
  • Virtualization & Network Resources
  • Security Software
  • Data Management
  • Health Insurance Software
  • Insurance
  • Backup