The German-American firm, Instana, is being acquired by IBM. Instana is headquartered in Chicago and has a development center in Germany. With this acquisition, IBM will help businesses manage the complexity of modern applications that cover the entire cloud landscape.
Instana was founded in 2015 and provides businesses with capabilities to manage complex and modern cloud-native applications no matter where they reside, including mobile devices, public and private clouds, and on-premises, including IBM Z. The company’s enterprise observability platform is known to derive deep contextual understanding of cloud applications and provides actionable insights to indicate how to prevent and remedy IT issues.
Instana’s capabilities will be integrated into IBM, which will enable companies to feed the insights into Watson AIOps. "With the added responsibility of ensuring the build and run quality of the software they develop, DevOps teams need a new generation of application performance monitoring and observability capabilities to succeed," said Mirko Novakovic, co-founder and CEO, Instana. "Instana's observability capabilities combined with IBM's AI-powered automation capabilities across hybrid cloud environments will give clients a full view of their application performance to best optimize operations."
The financial terms of the acquisition were not disclosed.