Announced
Completed
Financials
Sources
Tags
United Kingdom
Private
Cross Border
digital products
Majority
Friendly
Digital Services
Acquisition
Single Bidder
Completed
Synopsis
New Relic, a cloud-based observability platform, completed the acquisition of Pixie Labs, a digital products provider. Financial terms were not disclosed. “At New Relic, we believe that every developer in the world should have observability as part of their toolkit, so they can easily visualize and troubleshoot their entire software stack. As Kubernetes rapidly becomes the default environment for deploying and managing software in the cloud, we're doubling down on our Kubernetes strategy with the acquisition of Pixie Labs. Our goal is to make Pixie and New Relic One ubiquitous to the millions of developers responsible for building and deploying applications in Kubernetes environments,” Lew Cirne, New Relic CEO and Founder.
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