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Dynatrace to Acquire Runecast to Enhance Cloud-Native Security and Compliance

PUBLIC · DTJan 29, 2024

Acquiring Company

Dynatrace

Acquired Company

Runecast

BostonLondonOtherInformation TechnologySoftwareInternet ServicesSoftware Development

Description

Dynatrace, the leader in unified observability and security, has signed a definitive agreement to acquire Runecast, a provider of AI-powered security and compliance solutions. Adding Runecast to the Dynatrace platform will extend Dynatrace contextual security protection and analytics with Runecast security posture management, enabling customers to address the risks of misconfigurations and compliance violations in hybrid and multicloud ecosystems proactively, based on AI-driven, automated, real-time vulnerability assessments. This strategic move aims to enhance Dynatrace's cloud-native application security protection capabilities and provide a comprehensive Cloud-Native Application Protection Platform (CNAPP) to address critical security and compliance questions for customers dealing with complex cloud-native technologies.

Quick answer

Dynatrace is acquiring Runecast, announced January 29, 2024. Dynatrace is based in Boston, Massachusetts, United States.

How much did Dynatrace pay for Runecast?
The deal value was not disclosed.
What does Dynatrace do?
DYNATRACE, INC. is a technology company incorporated in Delaware that specializes in software intelligence, offering cloud-based services for application performance monitoring and management.
Where are Dynatrace and Runecast based?
Dynatrace is based in Boston, Massachusetts, United States. Runecast is based in London, England, United Kingdom.
Who are the decision-makers at Dynatrace?
Fundz holds 2 contacts at Dynatrace. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Other recent acquisitions in Internet Services and Software Development

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Company Information

Company

Dynatrace

Location

280 Congress Street

Boston, Massachusetts, United States

About

DYNATRACE, INC. is a technology company incorporated in Delaware that specializes in software intelligence, offering cloud-based services for application performance monitoring and management. The company's primary business activities involve providing software solutions that help organizations monitor, optimize, and manage their digital services and infrastructure. Key products include artificial intelligence-driven monitoring tools designed to enhance user experience across various digital platforms. DYNATRACE serves a global market with its headquarters located in Boston, Massachusetts. The firm is publicly traded on the New York Stock Exchange under the symbol 'DT' and is classified as an emerging growth company, indicating its focus on innovative software solutions and expanding market reach.

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Frequently asked

Who acquired Runecast?

Runecast was acquired by Dynatrace, based in Boston. The deal was reported on January 29, 2024. DYNATRACE, INC. is a technology company incorporated in Delaware that specializes in software intelligence, offering cloud-based services for application performance monitoring and management. Dynatrace is publicly traded (DT) and operates in Other.

When did Dynatrace acquire Runecast?

Dynatrace's acquisition of Runecast was reported on January 29, 2024. Dynatrace, the leader in unified observability and security, has signed a definitive agreement to acquire Runecast, a provider of AI-powered security and compliance solutions. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Runecast do?

It is privately held, operating in Software Development, and is based in London.

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