Elastic Acquires Opbeat
June 22, 2017
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Tech Crunch reports: "Today, at Elastic’s customer event in London, the company announced it has acquired Opbeat, a SaaS-application performance management vendor for an undisclosed amount. All 15 employees have already joined the Elastic team."

In a blog dated June 22, Shay Banon, CEO of Elastic also said Elastic is joining forces with Opbeat.

"Our users (Blizzard, Goldman Sachs, NetSuite, and Sprint to name a few) have validated that core belief in the IT operations space by using Elastic products to gain real-time insights from infrastructure logs and metrics, at a petabyte scale. Application performance data is the natural next step in the journey, and joining forces with Opbeat will allow us to accelerate innovation in the APM space for our users," Banon said.

Rasmus Makwarth and Ron Cohen, founders of Opbeat who will be joining the Elastic team, added: "We think that APM is a perfect extension of the Elastic Stack. Proactive tracking with X-Pack alerting features, pre-built Kibana dashboards, longer data retention, smarter alerts with anomaly detection and machine learning - the integration possibilities are endless."

They continued: "As for the current Opbeat.com service, nothing changes for now. We’re committed to operating the service until we launch the Elastic APM product. When that time comes, we’ll help existing Opbeat customers migrate."

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