Splunk buys Cloudmeter

Splunk Inc. (NASDAQ: SPLK) said it has acquired Cloudmeter, Inc..

Splunk officials said the addition of Cloudmeter will enhance the ability of Splunk customers to analyze machine data directly from their networks and correlate it with other machine-generated data to gain insights across Splunk´s core use cases in application and infrastructure management, IT operations, security and business analytics.

Founded in 2007, Cloudmeter was one of the early companies to identify the value in the massive amounts of data that flow through organizations´ networks. Cloudmeter helps customers harvest network traffic to create actionable insights across a broad range of use cases.

Terms of the transaction were not disclosed. The transaction was funded with cash from Splunk´s balance sheet.

Splunk software collects, indexes and harnesses the machine-generated big data coming from the websites, applications, servers, networks, sensors and mobile devices that power business. To learn more, visit www.splunk.com/company.

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