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M&A Deal Summary

Elastic Acquires Found AS

On March 10, 2015, Elastic acquired internet software and services company Found AS

Acquisition Highlights
  • This is Elastic’s 1st transaction in the Internet Software and Services sector.
  • This is Elastic’s 1st transaction in Norway.

M&A Deal Summary
Date 2015-03-10
Target Found AS
Sector Internet Software and Services
Buyer(s) Elastic
Deal Type Add-on Acquisition

Target

Found AS

Trondheim, Norway
Found AS is a managed open source search platform.

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Buyer(S) 1

Buyer

Elastic

Amsterdam, Netherlands
Category Company
Founded 2012
Sector Information Technology
Employees2,966
Revenue 1.5B USD (2025)
DESCRIPTION

Elastic provides big data insights and analytical solutions for data developers and enterprises. Elastic was founded in 2012 and is headquartered in Amsterdam, Netherlands.

DEAL STATS #
Overall 1 of 12
Sector: Internet Software and Services M&A 1 of 4
Type: Add-on Acquisition M&A Deals 1 of 12
Country: Norway M&A 1 of 1
Year: 2015 M&A 1 of 2
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2015-05-27 Packetbeat UG

Berlin, Germany

Packetbeat UG is a provider of open source application monitoring and packet tracing systems.

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