Announced

Completed

PagerDuty completed the acquisition of Rundeck for $100m.

Synopsis

PagerDuty, a digital operations management company, completed the acquisition of Rundeck, a provider of DevOps automation, for $100m, of which 60% in cash and 40% in PagerDuty common stock. “We now depend on digital services to live, learn, work and connect, causing a fundamental shift for every business, with digital transformation initiatives accelerating to meet business and customer demands. This puts immense pressure on the teams responsible for the online customer experience. Since March alone, there’s been a 40% increase in incidents across the board, and digital teams are working an extra 10-15 hours per week firefighting. Rundeck combined with PagerDuty can now automate the entire incident response lifecycle, reducing costs, saving time and optimizing customer experiences and revenue,” Jennifer Tejada, PagerDuty CEO.

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