Big data company Splunk has signed a deal to acquire Flowmill, a Palo Alto-based cloud network observability technology provider. The move announced on Tuesday will expand the capabilities of Splunk Observability platform.
Flowmill’s platform lets customers analyze, ingest, and act on a cloud network and infrastructure data to optimize performance, resolve network-related issues, and reduce costs.
Splunk has not yet disclosed the terms of the deal, which the company expects to complete by the end of its fiscal 2021 fourth quarter in January.
Splunk also recently acquired Rigor and Plumbr and said the technology it gained from those two deals would be complementary to Flowmill.