Splunk delivered better-than-expected second quarter financial results and announced its plans to acquire cloud monitoring company SingalFx for $1.05 billion — its largest acquisition to date. Splunk CEO Doug Merritt said the purchase will enable to Splunk offer customers a single data platform that can monitor cloud-native infrastructure and enterprise applications in real time. Featured Best back-to-school deals on Amazon Microsoft makes Chromium-based Edge beta available for Windows and macOS I installed five flavours of Linux on my new laptop: One month on, here’s what I’ve learned Windows or Chromebook? A Best Buy salesman told me it isn’t even close Apple Card: How to apply and how it works (ZDNet YouTube) “The combination of Splunk and SignalFx will give IT and developers a data platform that allows them to monitor and observe data in real time, no matter the infrastructure or data volume, helping them cut costs, boost revenue and improve the customer experience,” Splunk said in a press release. “This enables organizations to work across their entire data landscape, not just silos in the data center or cloud-native environments.” As for the numbers, the machine data software provider reported a quarterly net loss of $100.8 million, or 67 cents per share. Splunk’s non-GAAP earnings came to 30 cents per share on revenue of $517 million, up 33% from the same time last year. Wall Street was expecting earnings of 12 cents per share on revenue of $488.35 million. Shares of Splunk were up more than 6% after hours. Elsewhere… [Read full story]
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