Similar Stories to Splunk Acquires Cloud Monitoring Service Signalfx For $1.05b on Bing News

Frederic Lardinois, TechCrunch
Wed, 08/21/2019 - 1:48pm

Splunk, the publicly traded data processing and analytics company, today announced that it has acquired SignalFx for a total price of about $1.05 billion. Approximately 60% of this will be in cash and 40% in Splunk common stock. The companies expect the acquisition to close in the second half of 2020. SignalFx, which emerged from stealth in 2015, provides real-time cloud monitoring solutions, predictive analytics and more.

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