San Francisco’s Splunk to acquire VictorOps in $120M deal
SAN FRANCISCO — Splunk Inc. (Nasdaq: SPLK), a San Francisco-based big-data platform company, has agreed to acquire VictorOps Inc., a Boulder-based tech company that specializes in full-stack operations for DevOps teams.
The deal is valued at approximately $120 million in cash and Splunk securities and is expected to close during Splunk’s fiscal second quarter, subject to customary closing conditions.
“The combination of machine data analytics and artificial intelligence from Splunk with incident management from VictorOps creates a ‘Platform of Engagement’ that will help modern development teams…
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