Snowflake Acquires Observe for $1B to Boost AI Observability, Cut Costs 60%

Snowflake Acquires Observe for $1B to Boost AI Observability, Cut Costs 60%

Snowflake’s Observability Power Play: Decoding the $1 Billion Observe Deal In a bold move that underscores the escalating race in artificial intelligence and data management, Snowflake Inc. has announced its acquisition of Observe Inc., a San Mateo-based startup specializing in app monitoring and observability tools. The deal, valued at approximately $1 billion, marks the largest acquisition in Snowflake’s history and positions the company to de…

Snowflake to acquire Observe observability platform

Snowflake signed a definitive agreement on January 8, 2024, to acquire Observe, an observability platform built on Snowflake databases since inception, pending regulatory approval. The deal aims to integrate Observe’s product for unified collection and storage of telemetry data including logs, metrics, and traces from software systems. Observability platforms enable companies to monitor software systems and data for performance issues and bugs. …

Snowflake buys Observe to tackle downtime for itself and customers

Snowflake wants to acquire observability startup Observe for $1 billion. It would be the largest acquisition in its AI acquisition strategy.

Snowflake acquires Observe to enhance its observability capabilities

Snowflake Inc. today announced that it’s buying Observe AI Inc., a well-funded startup with an eponymous observability platform. The terms of the deal were not disclosed. When rumors of the acquisition first emerged last month, The Information cited sources as saying that it values Observe at about $1 billion. That’s about two-and-a-half times the amount […] The post Snowflake acquires Observe to enhance its observability capabilities appeared f…