Good Morning!
I just received this news release:
https://investors.datadoghq.com/news-releases/news-release-d…
I could not find the acquisition price online, but maybe it will be revealed during today’s earnings call.
It appears the target company is based in San Sebastian, Spain: https://hdivsecurity.com/our-company. Incidentally, I purchase steel from a company located near San Sebastian. It’s a beautiful coastal city located in the Basque region in the north of Spain.
Cheers,
Mike
According to Google HDIV has 43 employees so not a massive acquisition.
However, they seem to have some good customer success already:
Financial Services
4 of the Top 10 U.S. banks
3 of the Top 10 European banks
1 of the Top 2 Credit Card companies
1 of the most important ATM networks
Public Sector
3 U.S. government organizations
4 European government IT services departments
4 Asia government departments
Retail
3 of the Top 20 U.S. retail companies
1 of the Top 20 Asia retail companies
Industrial Sector
1 of the Top 5 World electrical energy companies
1 of the Top 5 World logistic companies
Pretty impressive for a startup.