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New Deal


Announced

Datadog to acquire Sqreen.

Financials

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Transaction Value-
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Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

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Private

Single Bidder

Software

Domestic

Acquisition

Friendly

United States

saas security platform

Majority

Pending

Synopsis

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Datadog, the monitoring and security platform for cloud applications, agreed to acquire Sqreen, a SaaS based security platform that enables enterprises to detect, block and respond to application level attacks. Financial terms were not disclosed. The addition of Sqreen's application security capabilities will provide development, security and operations teams a unified platform to deliver and manage secure and resilient applications. "The application layer is currently one of the most vulnerable and exploitable attack surfaces. In combining Sqreen with Datadog, we plan to close the gap between application developers and security teams and provide our customers robust application security, without the disjointed visibility, high implementation costs and steep learning curve of traditional application security products," Olivier Pomel, Datadog CEO.

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