Virtual Instruments Acquires Load DynamiX for Undisclosed Sum

Feed Type
Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=2312ccf1-8c21-4e2b-8881-1de67edd726c
Date
4/4/2016
Company Name
Load DynamiX
Mailing Address
3255 Scott Boulevard Santa Clara, CA 95054 USA
Company Description
As the leader in infrastructure performance validation, Load DynamiX empowers IT professionals with the insight needed to make intelligent decisions regarding networked storage.
Website
http://www.loaddynamix.com
Transaction Type
M&A
Transaction Amount
Undisclosed
Transaction Round
Proceeds Purposes
M&A Terms
Virtual Instruments, the market leader in real-time infrastructure performance management, and Load DynamiX, the leader in storage performance analytics, today announced that they have entered into a definitive agreement under which the companies will merge to create the industry’s first end-to-end infrastructure DevOps platform. Financial terms of the merger were not disclosed by the companies.