Elastic And Optimyze Join Forces to Deliver Continuous Profiling of Infrastructure, Applications and Services
14 Oktober 2021 - 10:16PM
Business Wire
Unifying the Pillars of Observability—Metrics,
Logs and Traces—with Continuous Profiling Capabilities to Deliver
Actionable Insights to Customers
- Providing frictionless whole-system continuous profiling to
eliminate blind spots and reduce MTTD and MTTR
- Delivering visibility into cloud native environments and
dependencies with low performance overhead
- Accelerating Elastic’s vision to enable customers to both
observe and protect their data on one unified platform
Elastic (NYSE: ESTC) (“Elastic”), the company behind
Elasticsearch and the Elastic Stack, today announced it has entered
into a definitive agreement to acquire Optimyze, an “always on”
continuous profiling platform for infrastructure, applications and
services, to accelerate the company’s vision for unified,
actionable observability and enhance the ability for customers to
detect and find root cause faster in complex distributed
environments.
With deep expertise in large-scale distributed systems, Optimyze
provides a simpler way to get insights into the entire IT ecosystem
and eliminate blind spots with Prodfiler. Leveraging eBPF
technology, Optimyze delivers innovative, whole-system continuous
profiling of systems and code with low performance overhead.
Together with the recent acquisitions of Cmd and build.security,
Optimyze will expand Elastic’s vision to enable customers to both
observe and protect their data on one unified platform, the Elastic
Search Platform. Elastic intends to integrate the Optimyze and Cmd
innovations as well as the Open Policy Agent (OPA) capabilities
from build.security into the Elastic Agent to deliver a simple
deployment process and a unified approach to data collection for
observability and security.
Optimyze provides frictionless continuous profiling, while the
Elastic Search Platform delivers analytics and machine learning
capabilities with the ability to correlate and contextualize
profiling data with metrics, logs, and traces. The ability to unify
the three pillars of observability—metrics, logs and traces—with
emerging continuous profiling capabilities delivers actionable
insights to customers, leading to improvements in service quality
and performance while reducing MTTD (mean-time-to-detect) and MTTR
(mean-time-to-resolution).
Financial terms of the transaction were not disclosed. For more
information, read the blog.
Supporting Quotes:
- “We are excited to join forces with Elastic,” said Thomas
Dullien, CEO and co-founder, Optimyze. “Continuous profiling
across systems, applications, and services with zero
instrumentation, no code changes, and little performance overhead
is by itself a game changer. The value increases exponentially when
this data can be easily combined and cross-referenced with metrics,
traces, logs, and other operational data. We look forward to being
part of the Elastic team and making this vision a reality."
- “Elastic continues to make major advances in our cloud-native
observability capabilities by investing in innovative teams that
have built differentiated capabilities leveraging open technologies
like eBPF,” said Shay Banon, founder and CEO, Elastic. “With
deep expertise in large-scale distributed systems, Optimyze
overcomes the limitations of traditional profiling techniques to
provide whole-system continuous profiling of systems and code,
improving developer productivity, accelerating innovation, and
delivering rich customer experiences. We look forward to joining
forces with Optimyze to accelerate our vision for unified,
actionable observability.”
Timing and Approvals:
The acquisition is expected to close during Elastic’s fiscal
second quarter, subject to customary closing conditions.
About Optimyze:
Optimyze was founded on the thesis that software efficiency is
making a big comeback: With the slowing of Moore’s Law and the
shift to SaaS and the Cloud, computational efficiency becomes
highly relevant for gross margins; with the increased attention on
CO2 and energy efficiency, Optimyze’s goal is to help companies
deliver better services more cheaply and efficiently. Leveraging
cutting-edge technologies, Optimyze’s software allows unprecedented
visibility into “which line of code is consuming how much CPU”
across fleets of thousands of machines. Learn more at
https://optimyze.cloud
About Elastic:
Elastic is a search company built on a free and open heritage.
Anyone can use Elastic products and solutions to get started
quickly and frictionlessly. Elastic offers three solutions for
enterprise search, observability, and security, built on one
technology stack that can be deployed anywhere. From finding
documents to monitoring infrastructure to hunting for threats,
Elastic makes data usable in real time and at scale. Thousands of
organizations worldwide, including Cisco, eBay, Goldman Sachs,
Microsoft, The Mayo Clinic, NASA, The New York Times, Wikipedia,
and Verizon, use Elastic to power mission-critical systems. Founded
in 2012, Elastic is a distributed company with Elasticians around
the globe and is publicly traded on the NYSE under the symbol ESTC.
Learn more at elastic.co.
Forward-Looking Statements
This press release contains forward-looking statements which
include but are not limited to statements about future features and
functionality. The release and timing of any features or
functionality described in this document remain at Elastic’s sole
discretion. Any features or functionality not currently available
may not be delivered on time or at all.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20211014006081/en/
Jennifer Malleo PR-Team@elastic.co
Elastic NV (NYSE:ESTC)
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