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PagerDuty Announces Acquisition Of Rundeck - Quick Facts

(RTTNews) - PagerDuty, Inc. (PD) has entered into a definitive agreement to acquire Rundeck, a provider of DevOps automation for enterprise, for a total purchase price of approximately $100 million. The consideration is to be paid approximately 60% in cash and 40% in PagerDuty common stock. PagerDuty said the acquisition strengthens its incident response offering with intelligent machine automation including auto-remediation and self-healing.

Rundeck's automation solutions serves over 150 enterprise and mid market companies. Its land and expand go-to-market motion starts with DevOps and is founded on an active open source community of over 60,000 users.

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