M&A Deal Summary

Weaveworks Acquires Magalix

On January 26, 2022, Weaveworks acquired internet software and services company Magalix

Acquisition Highlights
  • This is Weaveworks’ 1st transaction in the Internet Software and Services sector.
  • This is Weaveworks’ 1st transaction in the United States.
  • This is Weaveworks’ 1st transaction in Washington.

M&A Deal Summary

Date 2022-01-26
Target Magalix
Sector Internet Software and Services
Buyer(s) Weaveworks
Deal Type Add-on Acquisition

Target

Magalix

Bellevue, Washington, United States
Magalix is a cloud security enabler, leveraging security-as-code and compliance-as-code, to embed security at every stage of the software development lifecycle. The company offers capabilities such as: monitoring security postures, enforcing security and compliance policies, runtime monitoring, analytics, and more. Magalix was formed in 2017 and is based in Bellevue, Washington.

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Buyer(S) 1

Buyer

Weaveworks

San Francisco, California, United States

Category Company
Founded 2014
Sector Software
DESCRIPTION

Weaveworks helps teams adopt cloud-native computing, managing cloud-native infrastructure and applications quickly, reliably, and at scale. The company helps infrastructure and platform teams build and operate their own Kubernetes application platform whether in the cloud, at the edge, or on-premise. Its products and solutions are community-built and enterprise-approved. Weaveworks was formed in 2014 and is based in San Francisco, California.


DEAL STATS #
Overall 1 of 1
Sector: Internet Software and Services M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: Washington M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2022 M&A 1 of 1