New Relic Acquires Pixie Labs

Francisco Partners and TPG Acquire New Relic

November 2, 2023

Software

Francisco Partners and TPG have agreed to acquire observability software provider New Relic for $87.00 per share in an all-cash transaction valuing the company at approximately $6.5 billion. The deal, approved by New Relic's board and supported by key shareholders, will take New Relic private to provide greater flexibility to continue its product transition and accelerate investment in its observability platform.

ShiftPixy, Inc. Acquires TurboScale for $150 Million

October 17, 2024

AI & Machine Learning

ShiftPixy, a Miami-based staffing and workforce-management platform, has acquired TurboScale, an AI infrastructure company, in a $150 million transaction comprised of $75 million in stock and $75 million in debt. The purchase brings GPU-accelerated cloud and AI model deployment capabilities into ShiftPixy's platform to accelerate AI-driven workforce analytics and automation, with new products expected by early 2025.

Bain & Company Acquires PiperLab

March 16, 2024

AI & Machine Learning

Bain & Company has acquired Madrid-based PiperLab, a provider of AI and machine learning solutions, to strengthen Bain's Advanced Analytics Group (AAG) and scale its technology and analytics capabilities across EMEA. PiperLab, founded in 2015, will form part of Bain’s AAG ecosystem and help deliver data-driven solutions to clients across industries including insurance, telecoms, utilities and logistics.

Datadog Acquires Metaplane

April 23, 2025

Cloud & SaaS

Datadog has acquired Metaplane, a Boston-based data observability platform, to accelerate Datadog's expansion into data observability and unify observability across applications and data. Metaplane’s machine learning–powered monitoring and column-level lineage capabilities will be integrated into the Datadog platform while continuing to support existing customers as part of Datadog. Financial terms were not disclosed.

Datadog Acquires Undefined Labs

August 6, 2020

Cloud & SaaS

Datadog, Inc. has acquired Undefined Labs, a small testing and observability company focused on CI/CD and developer workflows. The acquisition extends Datadog's observability platform into pre-production and development environments; Undefined Labs' employees in Atlanta and Madrid will join Datadog and its products will be sunsetted.

Net at Work Acquires Kensium's Acumatica Operations; Kensium Acquires Pixafy

July 26, 2024

IT Services

Net at Work and Kensium executed a reciprocal transaction completed July 26, 2024: Net at Work acquired Kensium’s Acumatica practice (consultants, operations and a majority of the customer base), adding an office and a 40-member team in Hyderabad. Concurrently, Kensium acquired Pixafy, Net at Work’s eCommerce agency, to strengthen its eCommerce and ERP integration capabilities.