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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