BMC this morning announced it plans to acquire Netreo, a network and application observability solution provider, to enhance the capabilities of its Helix observability platform. Terms of the deal were not disclosed.
According to the company’s announcement, Netreo’s Open Telemetry-based solution provides application and network performance monitoring and IT infrastructure management, which gives organizations deep visibility and insights across their entire IT footprint. With Netreo, the company wrote, the BMC Helix platform will provide customers with a full-stack, open observability, and AIOps solution in one platform.
“IT teams face long problem resolution times due to too many silos across tools, systems, and noisy environments. Netreo’s … observability, APM, and [networtk performance management and diagnostics] are a perfect complement to the industry recognized BMC Helix observability, AIOps, and ServiceOps solutions,” Margaret Lee, senior vice president and general manager of Digital Service and Operations Management at BMC, said in the statement announcing the planned acquisition. “Now we can deliver full-stack, open observability from a unified platform with our generative AI innovation and provide customers with the real-time intelligence and issue resolution capabilities to set them apart from their competition. This also further accelerates BMC’s commitment to standards-based OpenTelemetry.”
Jasmin Young, CEO of Netreo, said in the statement,“BMC’s vision to connect siloed operations and accelerate innovation across the enterprise resonated deeply with our goal to deliver a great smart and secure full-stack observability experience for our customers. “Combining Netreo’s capabilities with the BMC Helix platform empowers our customers to bring data from their applications, infrastructure, and networks into the BMC Helix observability and AIOps solutions for holistic visibility, enhanced root cause analysis, and automated remediation.”
The acquisition is expected to close in the first half of this year.
