Sorainen Advises Dynatrace on SpectX Acquisition

Sorainen Advises Dynatrace on SpectX Acquisition

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Sorainen has advised US-headquartered Dynatrace on its acquisition of Estonia's SpectX.

Dynatrace is a software intelligence technology company. SpectX is a high-speed parsing and data analytics company.

According to Sorainen, as a result of the transaction, Dynatrace will take over SpectX’s operations in Tallinn, Estonia. "With the acquisition of SpectX, Dynatrace will advance its Software Intelligence Platform’s observability and application security analytics capabilities even further."

"Market-leading innovation is core to the Dynatrace culture, and we are always looking for ways to accelerate this and embrace exceptional talent to help us scale,” Dynatrace founder and CTO Bernd Greifeneder commented. “With SpectX, we are fulfilling both goals. Its advanced analytics solution fits seamlessly into our product roadmap, while its exceptionally talented team will extend our ability to help the world’s leading organizations accelerate digital innovation."

Sorainen’s team included Partners Toomas Prangli and Piret Jesse, Counsels Piret Lappert, Lauri Liivat, Pirkko-Liis Harkmaa, Kaido Kunnapas, and Piibe Lehtsaar, and Associates Vladislav Leiri, Kadri Puu, Liisa Maria Kuuskmaa, and Oliver Kuusk.

Sorainen did not reply to our inquiry on the matter.