Splunk to Acquire VictorOps
June 11, 2018

Splunk announced a definitive agreement to acquire VictorOps, Inc.

Under the terms of the agreement, Splunk will acquire VictorOps for a total purchase price of approximately $120 million, subject to adjustment, to be paid in cash and Splunk securities. The acquisition is expected to close during Splunk’s fiscal second quarter, subject to customary closing conditions.

“The combination of machine data analytics and artificial intelligence from Splunk with incident management from VictorOps creates a ‘Platform of Engagement’ that will help modern development teams innovate faster and deliver better customer experiences,” said Doug Merritt, President and CEO, Splunk. “This gives on-call technical staff an analytics-driven platform to monitor issues, resolve incidents and continuously improve. We are thrilled to welcome the VictorOps team to the Splunk family as we extend Splunk’s vision of using data as the backbone of IT.”

“We founded VictorOps to give teams a naturally collaborative way to quickly resolve incidents,” said Todd Vernon, CEO, VictorOps. “By combining VictorOps incident management capabilities and the Splunk platform, organizations will be able to quickly resolve and even help prevent issues that degrade customer engagement. We look forward to joining Splunk and working together to help solve these complex challenges facing every Development and DevOps team.”

By applying ML and AI to monitoring, event management and incident management data, Splunk and VictorOps will enable DevOps teams to speed resolution and learn from past actions to make proactive recommendations.

Thousands of customers use Splunk Enterprise to proactively monitor, visualize and get answers from their machine data. The combination of Splunk Enterprise and VictorOps will deliver a ‘Platform of Engagement’– combining monitoring, event management, on-call management and ChatOps. Ultimately, this enables modern engineering and operations teams to quickly solve problems in high-velocity deployment environments to maximize customer success.

Nearly all of the purchase price consideration will be paid in cash, funded from Splunk’s balance sheet.

The Latest

June 21, 2018

DevSecOps is quickly gaining support and traction, within and beyond information security teams. In fact, 70% of respondents believe their culture can embrace the change needed to fuse Security and DevOps, according to a new survey of 80 security professionals by Aqua Security ...

June 20, 2018

The larger the company size, the higher the proportion of low IT performers, according to the State of DevOps: Market Segmentation Report from Puppet, based on the 2017 State of DevOps Survey data ...

June 18, 2018

An overwhelming 83 percent of respondents have concerns about deploying traditional firewalls in the cloud, according to Firewalls and the Cloud, a survey conducted by Barracuda Networks...

June 14, 2018

Despite the vast majority of cloud management decision-makers believing that DevOps and microservice enablement are important, very few believe that their organizations are capable of delivering them today — a gap that is costing the average enterprise $34 million per year, according to new report from the Ponemon Institute ...

June 12, 2018

Dev teams are doing their best to give the customers what they want, but oftentimes find themselves in between a rock and a hard place. Teams are struggling to get up to speed with new tools that are meant to make their lives easier and more realistic to hit deadlines. With spring cleaning season upon us, take time this season to tune up agile processes and continue the work of advancing the shift towards DevOps ...

June 11, 2018

The ability to create a culture of DevOps is critical to any organization's ability to deliver applications and services at a high rate of speed, but can we clearly and concisely answer the question: What exactly is DevOps? Despite the best intentions, some large companies are struggling to understand what DevOps actually is, and what it takes to fully implement its concepts and reap its benefits ...

June 07, 2018

The Twelve-Factor App is a methodology that offers a 12-step best practice approach for developers to apply when building software-as-a-service apps that are both scalable and maintainable in a DevOps world. As software continues to be written and deployed at a faster rate and in the cloud, development teams are finding there is more room for failure and vulnerabilities. This blog series will discuss how to build a Twelve-Factor app securely ...

June 05, 2018

Everyone understands the importance of code quality for applications, particularly when DevOps results in releases becoming faster and faster, reducing the room for error. The same issues increasingly apply to databases, which are a vital part of DevOps workflows. Fail to integrate the database into DevOps and you'll face bottlenecks that slow down your processes and undermine your efforts ...

June 04, 2018

DevOps and security traditionally have been siloed functions and security is often seen as a policing function by DevOps team members. However, more mature business leaders are trying to bridge the gap between the two functions to achieve business excellence. This theme was evident from our recent survey where 39% of respondents cited that DevOps and development teams care greatly about their cybersecurity posture, showing that the silo between security/IT and development teams is diminishing ...

May 31, 2018

DEVOPSdigest asked experts from across the IT industry for their opinions on the top tools to support DevSecOps. Part 5, the last installment, offers some final thoughts about "tools" that are not necessarily technology ...

Share this