ITRS Group Acquires Uptrends to Expand Synthetic and Real User Monitoring
- M&A Deals
- 02.11.2020 08:16 pm
ITRS Group, the leading provider of real-time monitoring and analytics, has acquired Uptrends, the ultimate monitoring tool to stay in control of the uptime, performance, and functionality of websites, APIs, and servers, to address the needs of enterprise customers by providing greater scalability, APIs for controlling the software and its configuration, and enhanced visualisation of the data.
Guy Warren, CEO at ITRS, said: “With a combined experience of almost four decades, Uptrends has huge strength in synthetic and real user monitoring, while ITRS is serving some of the most demanding requirements of enterprise clients. This acquisition creates an opportunity to leverage expertise and offerings to benefit our customers.
“ITRS and Uptrends will continue to independently focus on their respective core markets while adding value to customers in areas such as capacity planning, network monitoring, log analysis and big data storage and analytics. This allows us to leverage our investment in R&D across a larger market and customer base.”
The purchase of Uptrends follows ITRS’ strategy to build, buy and partner to deliver smart, automated and predictive end-to-end monitoring solutions for increasingly complex IT estates across industries. This development follows the successful acquisitions of Sumerian and OP5.
Niels Brinkman, Uptrends CEO, added: “We are very excited to become part of the ITRS family and see this as a logical next step for continuing the growth of Uptrends.”
Uptrends will remain and operate as a separate brand and entity, fully owned by ITRS Group.