PagerDuty is acquiring DevOps automation and incident response software company Rundeck for $100 million. The acquisition is expected to close in October 2020, the companies say.This is M&A deal number 378 that ChannelE2E has covered so far in 2020. See the full M&A deal list here.Rundeck’s open source, DevOps automation software serves front line incident response teams, including engineering, IT, customer service and security, according to the statement. Rundeck offers enterprises a self-service way to run automated machine-centric workflows -- or runbooks -- that prevent, diagnose and resolve incidents without involving escalation to experts, according to the statement.Rundeck currently serves more than 150 enterprise and mid-market customers, and boasts over 60,000 users, according to the statement.
Executive Commentary
Jennifer Tejada, CEO, PagerDuty“Rundeck’s impressive track record in providing scaled automation for DevOps teams in the world's largest companies, along with their easy to use, practitioner focused offering make them a highly complementary extension for PagerDuty,” said Jennifer Tejada, CEO of PagerDuty. “Together we can now automate unpredictable, emergent work for people and machines, from detection and diagnosis to recovery, remediation and learning, providing the most robust real-time incident response platform in the market. Our 13,300 customers trust us to ensure their digital services remain always on, and now we are ensuring they can do this faster, and more efficiently.”
“Rundeck was designed to solve difficult, time sensitive challenges for DevOps teams leveraging automation for hybrid infrastructure. With PagerDuty we can accelerate our growth in enterprise DevOps and IT focused incident response, while continuing to innovate our offering and expand our open source community,” said Alex Honor, CEO and co-founder of Rundeck.
Sharon is a master technology storyteller and editor with omnichannel experience: books and print magazines, digital, webcast, blogging, podcast, live events and video and associated brand-specific social media content. From 1999 to 2003, she acquired and edited technology books and certification exam prep guides.
After a year spent in publicity and editorial at mass-market book publishers, she returned to tech publishing and, since 2004, explored B2C and B2B news, issues and trends in consumer, lifestyle, software, software development, AI, ML, networks, big data, hardware, security, storage, cloud, equity, inclusion, diversity, women in tech, career development, IT management, H-1B visa issues and immigration, education, training and learning.
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The deal marks Katalyst’s first acquisition since partnering with e4n and adds managed services, cloud and security capabilities in the Research Triangle.
