A Splunk executive explains why the company made its biggest acquisition ever with the $1 billion purchase of SignalFX

SignalFx was last valued at $500 million. Now, Splunk will acquire it for $1.05 billion. Here's why Splunk believes SignalFx's products are valuable.
Morningstar

Solid Start for Splunk

First-quarter sales rose 30% versus the prior-year period to $242 million, ahead of our forecast. Maintenance and services revenue (which include cloud contracts) were the primary growth driver, ...