M&A Deal Summary

SUSE Acquires StackState

On June 18, 2024, SUSE acquired software company StackState

Acquisition Highlights
  • This is SUSE’s 1st transaction in the Software sector.
  • This is SUSE’s 1st transaction in the Netherlands.

M&A Deal Summary
Date 2024-06-18
Target StackState
Sector Software
Buyer(s) SUSE
Deal Type Add-on Acquisition

Target

StackState

Hilversum, Netherlands
StackState is a full-stack observability platform focused on identifying and remedying issues within containerized cloud-based environments. StackState is based in Hilversum, Netherlands.

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Buyer(S) 1

Buyer

SUSE

Nürnberg, Germany
Category Company
Founded 1992
Sector Software
Revenue 320M USD (2017)
DESCRIPTION

SUSE is a pioneer and global independent leader in open source software, specializing in Linux enterprise operating systems, container management and storage, and Edge software solutions, relied upon by many of the world’s largest enterprises to power mission-critical workloads and accelerate their digital transformation. SUSE was founded in 1992 and is based in Nürnberg, Germany.

DEAL STATS #
Overall 2 of 2
Sector (Software) 1 of 1
Type (Add-on Acquisition) 1 of 1
Country (Netherlands) 1 of 1
Year (2024) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-03-09 Hewlett Packard Enterprise - OpenStack IaaS and Cloud Foundry PaaS Talent and Technology Assets

Palo Alto, California, United States

Hewlett Packard Enterprise Co. - OpenStack IaaS and Cloud Foundry PaaS Talent and Technology Assets is a provider of software services in US.

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