Grafana Labs Acquires Pyroscope, The Company Behind The Popular Open Source Continuous Profiling Project

Mar 15, 2023•over 2 years ago

Acquiring Company

Grafana Labs

Acquired Company

Pyroscope

New YorkData And AnalyticsInformation TechnologySoftwareInternet Services

Description

Grafana Labs, the company behind the world’s most ubiquitous open and composable operational dashboards, today announced that it has acquired Pyroscope, the company that created the popular open source continuous profiling project of the same name. With this acquisition, Grafana Phlare, the open source continuous profiling database that Grafana Labs launched last year, and the Pyroscope project will be merged under the new name Grafana Pyroscope.

Company Information

Company

Grafana Labs

Location

New York, New York, United States

About

Raintank Inc. is doing business as Grafana Labs. Grafana Labs is the company behind Grafana, Loki, Mimir and Tempo, the leading open source software for visualizing operational data. Grafana Labs helps users get the most out of Grafana, enabling them to take control of their unified monitoring and avoid vendor lock in and the spiraling costs of closed solutions.

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Based on deal data

Integration timeline

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Tech stack consolidation

83% of merged companies consolidate technology vendors within first year

Post-acquisition investment

Companies increase IT spending by 23% on average after acquisitions

Success factor

M&A deals with strong technology integration plans are 2.5x more likely to succeed

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Grafana Labs Acquires Pyroscope, The Company Behind The Popular Open Source Continuous Profiling Project

Description

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