Aug. 13 at 10:52 AM
$DT Dynatrace to acquire Arize in a cash and stock transaction valued at
$915M
Dynatrace has signed a definitive agreement to acquire Arize in a cash and stock transaction valued at
$915M. Together, Dynatrace and Arize will enable customers to evaluate, operate, and continuously improve AI applications from development through production at scale. Arize is the category leader in AI Observability, purpose-built for AI and agents and trusted by Fortune 500 enterprises and AI-native builders alike. The transaction is expected to close later this quarter or early in Dynatrace's third quarter, subject to regulatory reviews and other customary closing conditions.
Under the terms of the agreement, Dynatrace will acquire Arize for
$915M, subject to customary adjustments, consisting of approximately
$815 M in cash as well as replacement equity awards for Arize employees joining Dynatrace. Dynatrace plans to fund the transaction through cash on hand and/or its existing credit facility. Arize's two founders, Jason Lopatecki and Aparna Dhinakaran, will both join Dynatrace at closing. Jason will continue to lead the Arize team and will report directly to Rick McConnell.
