M&A Deal Summary

New Relic Acquires Pixie Labs

On December 10, 2020, New Relic acquired internet software and services company Pixie Labs

Acquisition Highlights
  • This is New Relic’s 3rd transaction in the Internet Software and Services sector.
  • This is New Relic’s 3rd transaction in the United States.
  • This is New Relic’s 3rd transaction in California.

M&A Deal Summary

Date 2020-12-10
Target Pixie Labs
Sector Internet Software and Services
Buyer(s) New Relic
Deal Type Add-on Acquisition

Target

Pixie Labs

San Francisco, California, United States
Pixie Labs, Inc. is a cloud-based observability platform to visualize, analyze, and troubleshoot their software. Pixie Labs is based in San Francisco, California.

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Buyer(S) 1

Buyer

New Relic

San Francisco, California, United States

Category Company
Founded 2007
Sector Internet Software and Services
Employees2,168
Revenue 926M USD (2023)
DESCRIPTION
Entrance to New Relic's San Francisco corporate headquarters.
Entrance to New Relic's San Francisco corporate headquarters.

New Relic is a SaaS provider focused on analytics services. New Relic was founded in 2007 and is based in San Francisco, California.


DEAL STATS #
Overall 5 of 5
Sector: Internet Software and Services M&A 3 of 3
Type: Add-on Acquisition M&A Deals 5 of 5
State: California M&A 3 of 3
Country: United States M&A 3 of 3
Year: 2020 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-02-06 SignifAI

Sunnyvale, California, United States

SignifAI is machine intelligence that helps Site Reliability Engineer teams get to accurate answers faster by finding correlations in real-time, among very large volumes of events and metrics monitoring data. These correlations are driven by AI & ML algorithms plus your team’s and SignifAI’s collective expertise. This means your team can get to root causes quickly, regardless of the seniority of the engineers currently on shift. And because SignifAI is a machine, it has a perfect memory.

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