Information Technology Services M&A » By The Online Investor Staff, updated Wed., Jan. 27, 6:46 PM
Recent mergers and acquisitions in the Information Technology Services M&A category.
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Slide #74. Splunk — BugSense
Acquirer:
Splunk (NASDAQ:SPLK)
Acquiree:
BugSense
Details:
Splunk Inc. (NASDAQ:SPLK), the leading software platform for real-time operational intelligence, today announced it has entered into an agreement to acquire BugSense Inc., a leading analytics solution for machine data generated by mobile devices. The addition of BugSense will enhance the ability of Splunk customers to analyze machine data directly from mobile devices and correlate it with other machine-generated data to gain operational intelligence.
Splunk provides software solutions that enable users to investigate, monitor, analyze and act on data. Co.'s main product is Splunk Enterprise, a real-time data platform, comprised of collection, indexing, search, reporting, analysis, alerting, monitoring and data management capabilities. Co.'s machine data platform uses its patented data processing architecture that performs dynamic schema creation at read time, enabling users to run queries on data. Splunk Cloud delivers the capabilities of Splunk Enterprise as a service. Splunk Cloud can be used to collect, analyze and store data in a public cloud environment or via a hybrid approach that spans cloud and on-premises environments.
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Avg. Broker Rec.
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Buy (2.98 out of 4) 26th percentile
(ranked lower than approx. 74% of all stocks covered)
Analysts' Target Price: SPLK Stock Forecast Based on Zacks ABR data; powered by Xignite |
