Brocade Communication Systems Acquires StackStorm for Undisclosed Sum

  • Feed Type
  • Date
    3/30/2016
  • Company Name
    StackStorm
  • Mailing Address
    261 Hamilton Ave. Palo Alto, CA 94301 USA
  • Company Description
    StackStorm is an emerging leader of the third wave of operations automation. Built from the ground up with DevOps in mind, StackStorm’s vision is a world of self-driving data centers that learn over time how to better operate themselves.
  • Website
    http://www.stackstorm.com
  • Transaction Type
    M&A
  • Transaction Amount
    Undisclosed
  • Transaction Round
  • Proceeds Purposes
  • M&A Terms
    Under Brocade, the StackStorm technology will be extended to networking and new integrations will be developed for automation across IT domains such as storage, compute, and security. The StackStorm team also highlighted in its blog it anticipates investment from Brocade to increase the size of its team over the coming months. Financial terms of the transaction were not disclosed by the comapnies.

Trending on Xconomy