Dynatrace to Acquire Runecast to Enhance Cloud-Native Security and Compliance
29 Janvier 2024 - 2:00PM
Business Wire
Expansion of the unified Dynatrace
observability and security platform will deliver automated security
posture management and compliance monitoring for hybrid and
multicloud environments
Dynatrace (NYSE: DT), the leader in unified observability and
security, today announced it signed a definitive agreement to
acquire Runecast, a provider of AI-powered security and compliance
solutions. Adding Runecast to the Dynatrace® platform will extend
Dynatrace contextual security protection and analytics with
Runecast security posture management. This will enable customers to
address the risks of misconfigurations and compliance violations in
hybrid and multicloud ecosystems proactively, based on AI-driven,
automated, real-time vulnerability assessments. Additionally, it
will allow customers to perform threat detection and incident
response with full context detailing their security
vulnerabilities, affected applications, risk levels, and attack
vectors.
Cloud-native technologies have revolutionized business, but they
have also made security more complex. Organizations face challenges
integrating existing security analytics tools and eliminating
security gaps in applications. They need a unified, context-rich
approach for observability, security, and compliance to safeguard
workloads and applications throughout the software delivery
lifecycle. By adding Runecast, Dynatrace will expand its platform’s
cloud-native application security protection capabilities and help
customers achieve these goals.
“Security posture management is a well-known and vital market,
because every organization needs it and has prioritized it in their
technology investments for improved security,” said Bernd
Greifeneder, CTO at Dynatrace. “We believe Dynatrace is
differentiated in this market as the only platform leveraging
contextual observability and security analytics for cloud-native
applications to provide end-to-end protection, detection, and
response. Dynatrace enables users to not only identify and analyze
vulnerabilities and threats automatically but also to measure and
improve risk exposure and compliance status and perform advanced
security analytics and automation. Runecast’s technology will
enhance this advantage, elevating our runtime vulnerability
analytics and protection and helping our customers to keep their
clouds audit ready all the time. We look forward to welcoming
Runecast to the platform and the team to Dynatrace.”
“At Runecast, we aim to provide organizations with real-time,
automated, and actionable insights for security compliance,
vulnerability assessment, and configuration management of their
hybrid and multicloud environments,” said Stanimir Markov, CEO at
Runecast. “We are excited to join Dynatrace, the leader in
observability and application security, to deliver a comprehensive
Cloud-Native Application Protection Platform (CNAPP) that addresses
two critical questions for our customers: ‘How secure are we?’ and
‘How compliant are we?’”
Dynatrace plans to provide a seamless experience for customers
by embedding Runecast into its unified observability and security
platform.
Closing of the proposed transaction is subject to customary
closing conditions and is expected to occur later in Dynatrace’s
fourth quarter, which ends on March 31, 2024. The proposed
transaction will not have a material impact on Dynatrace’s
financial results.
About Dynatrace
Dynatrace (NYSE: DT) exists to make the world’s software work
perfectly. Our unified platform combines broad and deep
observability and continuous runtime application security with the
most advanced AI to provide answers and intelligent automation from
data at an enormous scale. This enables innovators to modernize and
automate cloud operations, deliver software faster and more
securely, and ensure flawless digital experiences. That’s why the
world’s largest organizations trust the Dynatrace® platform to
accelerate digital transformation.
Curious to see how you can simplify your cloud and maximize the
impact of your digital teams? Let us show you. Sign up for a 15-day
Dynatrace trial.
Cautionary Language Concerning Forward-Looking
Statements
This press release includes certain “forward-looking statements”
within the meaning of the Private Securities Litigation Reform Act
of 1995, including statements regarding the anticipated benefits of
the Runecast acquisition, the expected time for closing of the
proposed acquisition, the impact of the proposed acquisition on
Dynatrace’s fiscal year 2024 financials, and the source of funding
of the transaction. These forward-looking statements include all
statements that are not historical facts and statements identified
by words such as “will,” “expects,” “anticipates,” “intends,”
“plans,” “believes,” “seeks,” “estimates,” and words of similar
meaning. These forward-looking statements reflect our current views
about our plans, intentions, expectations, strategies, and
prospects, which are based on the information currently available
to us and on assumptions we have made. Although we believe that our
plans, intentions, expectations, strategies, and prospects as
reflected in or suggested by those forward-looking statements are
reasonable, we can give no assurance that the plans, intentions,
expectations, or strategies will be attained or achieved. Actual
results may differ materially from those described in the
forward-looking statements and will be affected by a variety of
risks and factors that are beyond our control, including the risks
set forth under the caption “Risk Factors” in our Quarterly Report
on Form 10-Q filed on November 2, 2023, and our other SEC filings.
We assume no obligation to update any forward-looking statements
contained in this document as a result of new information, future
events, or otherwise.
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version on businesswire.com: https://www.businesswire.com/news/home/20240129774606/en/
Investor Contact: Noelle Faris VP, Investor Relations
Noelle.Faris@dynatrace.com Media Relations: Jerome Stewart VP,
Communications Jerome.Stewart@dynatrace.com
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