From Yahoo Finance: 2025-05-22 17:45:00

Elastic (NYSE:ESTC) has completed the acquisition of Keep Alerting Ltd, a company specializing in unifying alerts and automating incident remediation. The goal is to integrate Keep’s AIOps and workflow automation capabilities with Elastic’s existing AI/ML solutions. This move will enhance Elastic’s AI capabilities and market share in observability and security sectors.

Ken Exner, Chief Product Officer at Elastic, believes the merger will enable the delivery of AI-powered workflow automation across Elastic’s Observability, Security, and Search solutions. Elastic (NYSE:ESTC) is a search AI company serving over 50% of the Fortune 500. The acquisition of Keep is expected to strengthen Elastic’s position in the AI-driven observability and security markets.

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Disclosure: None. This article was originally published on Insider Monkey’s website.



Read more at Yahoo Finance: Elastic Acquires AIOps Company Keep for Workflow Automation