Splunk Acquires Rocana Assets
October 09 2017 - 8:00AM
Business Wire
Splunk Extends IT Operations Leadership,
Further Fueling Product Innovation and Customer Value
Splunk Inc. (NASDAQ:SPLK), first in delivering “aha” moments
from machine data, today announced it has acquired selected assets
of Rocana, Inc., a privately held technology company offering
analytics solutions for the IT market. Under the terms of the
agreement, Splunk has acquired the technology and intellectual
property assets of Rocana for an undisclosed amount. A number of
technical employees from Rocana will also be joining Splunk as part
of the transaction, which was funded with cash from Splunk’s
balance sheet.
“Insights from machine data are the lifeblood for organizations
seeking to better monitor, investigate and understand their IT and
security environments at scale,” said Richard Campione, chief
product officer, Splunk. “Adding Rocana’s team demonstrates
Splunk’s commitment to innovate - through a build, buy, and partner
approach - as we better serve our customers and partners around the
world. We are always interested in adding great talent to Splunk,
particularly a team such as Rocana’s with experience in large scale
data systems and open source technologies.”
Splunk will leverage Rocana’s technology and team to advance its
market-leading machine data platform and machine learning
capabilities across Splunk’s product portfolio.
“Splunk is the most widely adopted machine data and analytics
platform in the market today,” said Eric Sammer, chief technical
officer, Rocana. “We are thrilled to join the Splunk team and help
contribute to its vision of helping customers turn data into
answers.”
For more information on Splunk and Rocana, visit the Splunk
website.
Safe Harbor Statement
This press release contains forward-looking statements that
involve risks and uncertainties, including statements regarding
Splunk’s proposed product, technical and employee investments and
future product and technical direction. There are a significant
number of factors that could cause actual results to differ
materially from statements made in this press release, including:
difficulties encountered retaining Rocana’s employees and
integrating Rocana’s technologies; whether Splunk can successfully
develop new products or modify existing products and the degree to
which these gain market acceptance; and general market, political,
economic and business conditions.
Additional information on potential factors that could affect
Splunk’s financial results is included in the company’s Quarterly
Report on Form 10-Q for the quarter ended July 31, 2017, which is
on file with the U.S. Securities and Exchange Commission. Splunk
does not assume any obligation to update the forward-looking
statements provided to reflect events that occur or circumstances
that exist after the date on which they were made.
About Splunk Inc.
Splunk Inc. (NASDAQ: SPLK) turns machine data into answers.
Organizations use market-leading Splunk solutions with machine
learning to solve their toughest IT, Internet of Things and
security challenges. Join millions of passionate users and discover
your “aha” moment with Splunk today: http://www.splunk.com
Splunk, Splunk>, Listen to Your Data, The Engine for Machine
Data, Splunk Cloud, Splunk Light and SPL are trademarks and
registered trademarks of Splunk Inc. in the United States and other
countries. All other brand names, product names, or trademarks
belong to their respective owners. © 2017 Splunk Inc. All rights
reserved.
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version on businesswire.com: http://www.businesswire.com/news/home/20171009005259/en/
Media ContactSplunk Inc.Bill Bode,
415-706-1236bbode@splunk.comorInvestor ContactSplunk Inc.Ken
Tinsley, 415-848-8476ktinsley@splunk.com
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