LogicMonitor raised $800 million in a move that's designed to accelerate its observability growth, fund mergers and acquisitions and expand into new markets and industries.
Splunk launched a new set of generative AI tools across its products, security operations additions, and data management applications as well as more Cisco integrations.
With the Splunk deal closed, Cisco becomes one of the largest enterprise software companies. Here's how the product integrations will play out.
Cisco said it will cut 5% of its global workforce in a bid to "realign the organization and enable further investment in key priority areas."
The company ended the year with 396 customers with more than $1 million in annual recurring revenue, up from 317 a year ago.
Responding to major IT incidents isn't cheap and enterprises lack the skill, tools and automation to respond, according to a Constellation Research and Dimensional Research survey.
Cisco CEO Chuck Robbins said the two companies product lines were complementary and provide "full observability for the entire IT stack."
New Relic wants to be the single source of truth so engineers can make data driven decisions during the software life cycle. Will going private help?
