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Splunk completes Cloudmeter acquisition

Splunk Inc. has acquired Cloudmeter to strengthen its machine generated big data platform and enhance the experience of its customers when it comes to working with big data.

The addition of the network data capture technology provider enhances Splunk’s customers ability to analyse machine data from networks and correlate it with other machine-generated data to gain insights.

“The increasing complexity of enterprise applications and infrastructure makes network data a valuable source of data for operational intelligence,” said Godfrey Sullivan, Chairman and CEO, Splunk. “Cloudmeter has a strong technical team with deep networking expertise. They have built a robust, highly scalable solution that will allow our customers to easily capture network data, either on-premises or in the cloud. We look forward to integrating Cloudmeter technology into Splunk’s platform for machine data.”

Splunk customers will find it easy to gain insights across Splunk’s core use cases that are application and infrastructure management, IT operations, security, and business analytics. Cloudmeter has a rich history having been around since 2007 working to crunch network traffic and produce insights that can be acted upon.

“Our focus has been to develop innovative solutions that enable easier access to and insight from network data,” said Michael Dickey, founder, CEO and CTO, Cloudmeter. “Network data is a major contributor to the growth of big data and we are excited to join Splunk. We look forward to developing new capabilities that will help customers realize the full potential of their network and other machine-generated big data.”

The terms of the deal haven’t been made public and Splunk used cash from its balance sheet in order to finance the transaction. Splunk’s acquisition follows a busy few months in which it took over mobile analytics firm BugSense and put on the successful Splunk .conf2013.