Dynatrace (NYSE: DT), a Waltham, MA-based leader in unified observability and security, is to acquire Rookout, a Tel Aviv, Israel and Palo Alto, CA-based provider of enterprise-ready and privacy-aware solutions that enable developers to quickly troubleshoot and debug actively running code in Kubernetes-hosted cloud-native applications.
The amount of the deal, whose closing is subject to customary closing conditions and is expected to occur later in the company’s second quarter, which ends on September 30, 2023, was not disclosed. The proposed transaction will not have a material impact on Dynatrace’s fiscal year 2024 financials and will be funded from cash on hand.
Adding Rookout to the Dynatrace platform will provide developers with increased code-level observability into production environments. This will also add interactivity and control to troubleshooting and debugging in production and drastically reduce the need to replicate issues in pre-production environments. The addition of Rookout to the Dynatrace platform will also improve collaboration across development, IT, and security teams by empowering them with a single platform for observability and security analytics and automation.
Led by Shahar Fogel, CEO, Rookout empowers engineers to solve customer issues, by making debugging easy and accessible in any environment, from cloud native to on-prem and from dev to production. With its live data collection and debugging platform, Rookout allows software engineers to handle the complexity of modern applications by seeing into their code in real-time, as it’s running. Using Non-Breaking Breakpoints, software engineers get the data they need instantly, without additional coding, restarts, or redeployment of their application required.
Dynatrace provides a unified platform that combines broad and deep observability and continuous runtime application security with the most advanced AIOps to provide answers and intelligent automation from data at an enormous scale. This enables innovators to modernize and automate cloud operations, deliver software faster and more securely, and ensure flawless digital experiences.
FinSMEs
01/08/2023