PRESS RELEASES<< Back
Splunk Closes Acquisition of VictorOps
Technologies Help DevOps Accelerate Innovation and Customer Success Through ‘Platform of Engagement’
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20180625005174/en/
The aggregate purchase price for the transaction was approximately
“Modern engineering and operations teams are quickly embracing IT
strategies fueled by AIOps to help solve challenges like vague alerts,
reactive operations and siloed teams. The combination of
The combination of Splunk Enterprise and VictorOps will deliver a ‘Platform of Engagement’ – combining monitoring, event management, on-call management and ChatOps. Supercharged by machine learning (ML) and artificial intelligence (AI), the combined technologies will not only give development and DevOps teams the ability to accelerate incident resolution, but also to learn from past actions to make proactive recommendations.
For more information about
Safe Harbor Statement
This press release contains forward-looking statements that involve risks and uncertainties, including statements regarding the expected benefits of the acquisition of VictorOps, the impact of the acquisition on Splunk’s existing and future products and services, and the capabilities of VictorOps’ products and services, including when combined with Splunk’s. There are a significant number of factors that could cause actual results to differ materially from statements made in this press release, including: difficulties encountered in integrating the business, technologies, personnel and operations; costs related to the acquisition and integration; market acceptance of the acquisition and resulting products and services; Splunk’s inability to realize value from its significant investments in its business, including product and service innovations; and general market, political, economic and business conditions.
Additional information on potential factors that could affect Splunk’s
financial results is included in the company’s Quarterly Report on Form
10-Q for the quarter ended