Tech Company M&A Transactions
Instana Acquisition
Instana, based in Chicago, was bought by IBM. No transaction price was released.
Transaction Overview
Company Name
Acquired By
Announced On
11/18/2020
Transaction Type
M&A
Amount
Unknown
M&A Terms
With Instana, IBM can build on its internal management tools, giving it a way to monitor containerized environments running Kubernetes. It hopes by adding the startup to the fold it can give customers a way to manage complex hybrid and multi-cloud environments. Financial terms of the transaction were not disclosed.
Company Information
Company Status
Acquired or Merged
Industry
Enterprise IT
Mailing Address
222 South Riverside Plaza 15th Floor
Chicago, IL 60606
USA
Chicago, IL 60606
USA
Phone
Website
Email Address
Overview
Modern software is intensely dynamic and structurally chaotic. Humans can no longer monitor these systems by simply collecting data and building dashboards. Instana brings a new approach to monitoring!
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Mirko Novakovic
Chief Operating Officer
Pete Abrams
Chief Technical Officer
Pavlo Baron
VP - Engineering
Fabian Lange
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We do our best to document every notable VC transaction. VC transactions reported here are sourced from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
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