Elastic Completes Acquisition of Opster
November 30 2023 - 4:10PM
Business Wire
Companies join forces to help users take charge
of their search operations
Elastic (NYSE: ESTC) (“Elastic”), the company behind
Elasticsearch®, today announced it has completed the acquisition of
Opster, the creators of AutoOps and other tools used to help users
get more out of their Elastic deployments.
“I’m excited to welcome Ziv Segal and the Opster team as we
continue our journey to make search better,” said Ken Exner, chief
product officer, Elastic. “Joining forces will open up
opportunities initially through AutoOps, which helps Elastic users
detect and remediate issues, and as we look to apply Opster’s set
of operational tools to future innovations.”
For more information about Elastic and Opster, read the
blog.
About Elastic:
Elastic (NYSE: ESTC) is a leading platform for search-powered
solutions. Elastic understands it’s the answers, not just the data.
The Elasticsearch platform enables anyone to find the answers they
need in real-time using all their data, at scale. Elastic delivers
complete, cloud-based, AI-powered solutions for enterprise
security, observability and search built on the Elasticsearch
platform, the development platform used by thousands of companies,
including more than 50% of the Fortune 500. Learn more at
elastic.co.
Forward-Looking Statements
Certain statements herein regarding the acquisition of Opster
and the integration of and plans for its products and features are
forward-looking statements that are subject to risks and
uncertainties. Actual outcomes and results may differ materially
from those contemplated by these forward-looking statements as a
result of uncertainties, risks, and changes in circumstances,
including, but not limited to risks and uncertainties related to
successful integration of Opster's products into our offerings.
Additional risks and uncertainties that could cause actual outcomes
and results to differ materially from those contemplated by the
forward-looking statements are included under the caption "Risk
Factors" and elsewhere in our most recent filings with the U.S.
Securities and Exchange Commission (“SEC”), including our Annual
Report on Form 10-K for the fiscal year ended April 30, 2023 and
other subsequent reports filed with the SEC. SEC filings are
available on the Investor Relations section of Elastic's website at
ir.elastic.co and the SEC's website at www.sec.gov. Elastic assumes
no obligation to, and does not currently intend to, update any such
forward-looking statements after the date of this release, except
as required by law.
The release and timing of any features or functionality
described in this document remain at Elastic's sole discretion. Any
features or functionality not currently available may not be
delivered on time or at all.
Elastic and associated marks are trademarks or registered
trademarks of Elastic N.V. and its subsidiaries. All other company
and product names may be trademarks of their respective owners.
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version on businesswire.com: https://www.businesswire.com/news/home/20231130461864/en/
Elastic Public Relations PR-Team@elastic.co
Elastic Investor Relations ir@elastic.co
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