Digital workflow company ServiceNow has signed an agreement to acquire next-generation observability leader Lightstep.
“Companies are betting on going digital in order to thrive in the 21st century, but the transition is often challenging to navigate,” said Pablo Stern, SVP & GM, IT Workflow Products, at ServiceNow.
“With Lightstep, ServiceNow will transform how software solutions are delivered to customers. This will ultimately make it easier for customers to innovate quickly. Now they’ll be able to build and operate their software faster than ever before and take the new era of work head-on with confidence.”
By joining forces, ServiceNow and Lighstep seek to deliver deep operational insights to help organizations use modern technology stacks more effectively.
Lightstep’s solution analyzes system-wide metrics and traces data in ‘real-time’ to understand the cause and effects of changes to application performance, reliability, and development velocity.
“Today, observability primarily benefits the DevOps teams that build and operate mission-critical apps,” said Ben Sigelman, CEO and co-founder at Lightstep.
“We’ve always believed that the value of observability should extend across the entire enterprise, providing greater clarity and confidence to every team involved in these modern, digital businesses. By joining ServiceNow, together we will realize that vision for our customers and help transform the world of work in the process – and we couldn’t be more excited about it,” he added.
San Francisco-based Lightstep was co-founded in 2015 by Sigelman, COO Ben Cronin, and Chief Architect Daniel Spoonhower.
Financial terms of the deal were not disclosed.
Yessi Bello Perez is a contributor at UNLEASH. The former editor of UNLEASH, Yessi is a seasoned technology and business journalist passionate about technology, people, and the future of work. She is a regular contributor to Times Radio in the UK. She also co-hosted a podcast for fDi Intelligence (Financial Times) and wrote a column about rising startup ecosystems. Yessi’s work has featured in several other leading publications including the Evening Standard, The Next Web (TNW), and UKTN. She is a sought-after panelist, event host, speaker, and moderator at technology events.