Splunk Buys SignalFx for $1.05 Billion to Boost Cloud Monitoring

Splunk acquires real-time cloud monitoring startup SignalFx for $1.05 billion to strengthen its observability and application performance capabilities.

21 Aug 2019 • 1 min read

Splunk acquires cloud monitoring service SignalFx for approximately $1.05 billion in a deal that consists of 60% cash and 40% stock. The companies expect the transaction to close in the second half of 2020, bringing SignalFx's real-time monitoring and predictive analytics tools directly into Splunk's portfolio.

This acquisition positions Splunk as a dominant leader in observability and application performance monitoring across the entire cloud journey. By integrating SignalFx's technology, Splunk significantly strengthens its support for cloud-native applications and modern infrastructure architectures.

Prior to this purchase, SignalFx raises a total of $178.5 million from notable investors and secures major enterprise customers like NBCUniversal, Yelp, and Kayak. Splunk executives state that this addition provides a single platform to monitor the entire enterprise application lifecycle at a massive scale.

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