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Weaveworks Acquires Policy As Code Startup Magalix To Secure Kubernetes Applications

Jan 26, 2022over 3 years ago

Acquiring Company

Weaveworks

Acquired Company

Policy

OtherSoftware

Description

Weaveworks, the GitOps company, today announces the acquisition of Magalix, an innovator in cloud native security. With this acquisition, Weaveworks is raising the bar on secure DevOps. By bringing Magalix’s powerful policy as code to Weave GitOps, Weaveworks will further its vision of automating Kubernetes application and infrastructure operations. Secure GitOps pipelines throughout the entire software life cycle are imperative for resilient cloud native service delivery that accelerates innovation, speed and agility. Terms of the deal were not disclosed.

Company Information

Company

Weaveworks

About

Weaveworks helps teams adopt cloud native computing, managing cloud native infrastructure and applications quickly, reliably, and at scale. The company helps infrastructure and platform teams build and operate their own Kubernetes application platform whether in the cloud, at the edge, or on-premise. Its products and solutions are community built and enterprise approved. Weaveworks was one of the first members of the Cloud Native Computing Foundation and is one of its top 10 contributors. For more information, visit weave.works.

FundzWatch™ Score

69
High M&A Activity

M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed