Elastic Acquires Optimyze to Expand Continuous Profiling for Unified Observability

October 14, 2021

Elastic (NYSE: ESTC) entered into a definitive agreement to acquire Optimyze, an “always on” continuous profiling platform for infrastructure, applications, and services. The deal is intended to accelerate Elastic’s vision for unified, actionable observability by combining continuous profiling with metrics, logs, and traces, and improving customers’ ability to detect and resolve issues faster.

Buyers
Elastic
Targets
Optimyze
Industry
Cloud & SaaS
Location
California, United States
Transaction Type
Buyout

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