Sorainen has advised Splunk Inc., a US-based global provider of the Data-to-Everything Platform, on the acquisition of Estonian tech startup Plumbr. Eversheds Sutherland advised Plumbr's selling shareholders on the deal.
According to Sorainen, “Splunk also announced that it has signed a definitive agreement to acquire Rigor, a digital experience monitoring company offering advanced synthetic monitoring and optimization tools. Rigor’s solutions help customers optimize end-user experiences in digital channels.”
“The global acceleration to multi-cloud and hybrid cloud architectures has created an observability revolution,” said Tim Tully, chief technology officer at Splunk. “Development, operations, and IT teams everywhere require real-time, full-fidelity, and machine learning-driven solutions that can help them quickly and confidently modernize and build cloud-native applications. Together, Plumbr and Rigor accelerate Splunk’s vision to deliver a comprehensive Observability Suite with best-in-class digital experience monitoring and application performance monitoring for all applications.”
“Plumbr offers advanced instrumentation, profiling, and Real User Monitoring capabilities, which are critical to monitoring Java, PHP, Python, and .Net applications,” Sorainen reports. “The addition of Plumbr’s technology to Splunk’s Observability Suite gives customers unprecedented monitoring and troubleshooting of existing applications, as well as RUM, database monitoring and code profiling capabilities.”
Sorainen’s team included Partner Toomas Prangli, Counsel Pirkko-Liis Harkmaa, Senior Associates Piret Lappert, Kaido Kunnapas, Robin Teever, and Piibe Lehtsaar, Associates Mirell Prosa, Nele Suurmets, Liisa Kuuskmaa, and Kirsi Johanna Koistinen, and Legal Assistants Nils-Gregory Aer and Kadri Puu.
Eversheds Sutherland's team in Tallinn included Managing Partner Maivi Ots, Partner Risto Ruutel, Senior Associate Dmitri Zdobnoh, and Associate Taavi Koiv and Atlanta-based Partner Michael Voynich.