DevOps.com

  • Latest
    • Articles
    • Features
    • Most Read
    • News
    • News Releases
  • Topics
    • AI
    • Continuous Delivery
    • Continuous Testing
    • Cloud
    • Culture
    • DevSecOps
    • Enterprise DevOps
    • Leadership Suite
    • DevOps Practice
    • ROELBOB
    • DevOps Toolbox
    • IT as Code
  • Videos/Podcasts
    • DevOps Chats
    • DevOps Unbound
  • Webinars
    • Upcoming
    • On-Demand Webinars
  • Library
  • Events
    • Upcoming Events
    • On-Demand Events
  • Sponsored Communities
    • AWS Community Hub
    • CloudBees
    • IT as Code
    • Rocket on DevOps.com
    • Traceable on DevOps.com
    • Quali on DevOps.com
  • Related Sites
    • Techstrong Group
    • Container Journal
    • Security Boulevard
    • Techstrong Research
    • DevOps Chat
    • DevOps Dozen
    • DevOps TV
    • Digital Anarchist
  • Media Kit
  • About
  • AI
  • Cloud
  • Continuous Delivery
  • Continuous Testing
  • DevSecOps
  • Leadership Suite
  • Practices
  • ROELBOB
  • Low-Code/No-Code
  • IT as Code
  • More Topics
    • Application Performance Management/Monitoring
    • Culture
    • Enterprise DevOps

Home » Latest News Releases » PagerDuty to Acquire Rundeck to Expand DevOps Automation Capabilities Across Digital Operations

PagerDuty to Acquire Rundeck to Expand DevOps Automation Capabilities Across Digital Operations

By: Deborah Schalm on September 21, 2020 Leave a Comment

Recent Posts By Deborah Schalm
  • Exabeam Reinvents Security Analytics with Fusion XDR and Fusion SIEM Cloud Products to Address Security Needs at Scale
  • New Study Reveals Importance of Optimized Strategy for the Selection, Support, and Maintenance of Open Source Software
  • Applitools Integrates With Rally for Fast and Automated Bug Management
More from Deborah Schalm
Related Posts
  • PagerDuty to Acquire Rundeck to Expand DevOps Automation Capabilities Across Digital Operations
  • PagerDuty’s Real-Time AIOps-Powered Digital Operations Platform Integrates with Amazon DevOps Guru
  • Tata Consultancy Services Partners with PagerDuty to Accelerate Digital Transformation Across Key Industries
    Related Categories
  • Latest News Releases
    Related Topics
  • pagerduty
  • rundeck
Show more
Show less

Enterprise-scale runbook automation and auto remediation will improve productivity for teams on the digital frontline, enabling them to resolve incidents faster, reduce costs and protect customer experience

(Graphic: Business Wire)

(Graphic: Business Wire)

DevOps/Cloud-Native Live! Boston
September 21, 2020 09:15 AM Eastern Daylight Time

SAN FRANCISCO–(BUSINESS WIRE)–PagerDuty, Inc. (NYSE: PD), a global leader in digital operations management, today announced that it has entered into a definitive agreement to acquire Rundeck, a leading provider of DevOps automation for enterprise. The acquisition strengthens PagerDuty’s leading incident response offering with intelligent machine automation including auto-remediation and self-healing that bring increased productivity to resolution and recovery efforts.

“Rundeck was designed to solve difficult, time sensitive challenges for DevOps teams leveraging automation for hybrid infrastructure. With PagerDuty we can accelerate our growth in Enterprise DevOps and IT focused incident response, while continuing to innovate our offering and expand our open source community”

Tweet this

Rundeck gives front line incident response teams, including engineering, IT, customer service and security, a self-service way to run automated machine-centric workflows – or runbooks – that prevent, diagnose and resolve incidents at the push of a button, without needing to escalate to an expert. Customers have experienced up to 50% reduction in incident response time using Rundeck’s automated runbooks, greatly improving team productivity and reducing poor customer experience.

Rundeck’s automation solutions have achieved strong product to market fit with large enterprises, serving over 150 enterprise and mid market companies, who are seeking to improve the availability of their digital offerings. Rundeck’s land and expand go-to-market motion starts with DevOps and is founded on an active open source community of over 60,000 users.

“Rundeck’s impressive track record in providing scaled automation for DevOps teams in the world’s largest companies, along with their easy to use, practitioner focused offering make them a highly complementary extension for PagerDuty,” said Jennifer Tejada, CEO of PagerDuty. “Together we can now automate unpredictable, emergent work for people and machines, from detection and diagnosis to recovery, remediation and learning, providing the most robust real-time incident response platform in the market. Our 13,300 customers trust us to ensure their digital services remain always on, and now we are ensuring they can do this faster, and more efficiently.”

“Rundeck was designed to solve difficult, time sensitive challenges for DevOps teams leveraging automation for hybrid infrastructure. With PagerDuty we can accelerate our growth in Enterprise DevOps and IT focused incident response, while continuing to innovate our offering and expand our open source community,” said Alex Honor, CEO and co-founder of Rundeck. “Like us, PagerDuty is steeped in DevOps and digital transformation, with unparalleled leadership, trusted by a large, loyal community of users in large enterprise companies and early innovators. We look forward to bringing the power of the most holistic offering in incident response and digital operations to all our customers.”

“Bad things happen, so infrastructure and operations professionals need to prepare automated operational responses; correlate performance analytics to predict and avoid incidents; support preventative assessments, drills/game days, and chaos engineering; and use postmortems to improve systems,’ notes Forrester Principal Analyst, Charles Betz. “PagerDuty, a vendor focused on automating incident response, brings presenters to its regional summits to talk about incident command so practitioners can learn and adopt best practices.”1

Under the terms of the definitive agreement, PagerDuty will acquire Rundeck for a total purchase price of approximately $100 million, subject to adjustment, to be paid approximately 60% in cash and 40% in PagerDuty common stock. The acquisition is subject to certain customary closing conditions and is expected to close in October 2020.

Conference Call Information:

PagerDuty will host a conference call and live webcast to discuss the Rundeck announcement with analysts and investors at 1:15 p.m. Pacific Time on September 21, 2020. This conference call will be accessible from the PagerDuty investor relations website at investor.pagerduty.com.

Safe Harbor Statement

This press release contains “forward-looking statements” that are based on PagerDuty’s beliefs and assumptions and on information currently available to PagerDuty as of the date of this press release. Forward-looking statements include, but are not limited to, statements regarding the anticipated timing of the consummation of the acquisition (if at all), the satisfaction of closing conditions and regulatory approvals, the expected benefits of the acquisition, the ability to successfully integrate Rundeck into PagerDuty’s business, the impact of the acquisition on PagerDuty’s products and services, the capabilities of Rundeck’s products and services, and the expected dilution to PagerDuty’s stockholders. There are a significant number of known and unknown risks, uncertainties, and other factors that could cause PagerDuty’s actual results, performance, or achievements to be materially different from those expressed or implied by the forward-looking statements, including: difficulties encountered in closing and integrating the merged business, technologies, personnel and operations; costs related to the acquisition; market acceptance of the acquisition and resulting products and services; PagerDuty’s inability to realize value from its significant investments in its business, including product and service innovations; and general market, political, economic and business conditions.

Additional information on potential factors that could affect PagerDuty’s financial results is included in the company’s Quarterly Report on Form 10-Q for the quarter ended July 31, 2020, which is on file with the U.S. Securities and Exchange Commission and PagerDuty’s other filings with the SEC. Except as required by law, PagerDuty undertakes no intention or obligation to update or revise any forward-looking statements or to update the reasons actual results could differ materially from those anticipated in the forward-looking statements, whether as a result of new information, future events or otherwise.

For more information, visit www.pagerduty.com

Learn more about PagerDuty’s most recent platform innovation, integrations, customer use cases, partnerships and thought leadership at PagerDuty Summit20 from September 21-24, 2020.

About PagerDuty

PagerDuty, Inc. (NYSE:PD) is a leader in digital operations management. In an always-on world, organizations of all sizes trust PagerDuty to help them deliver a perfect digital experience to their customers, every time. Teams use PagerDuty to identify issues and opportunities in real time and bring together the right people to fix problems faster and prevent them in the future. Notable customers include GE, Cisco, Genentech, Electronic Arts, Cox Automotive, Netflix, Shopify, Zoom, DoorDash, lululemon and more. To learn more and try PagerDuty for free, visit www.pagerduty.com. Follow our blog and connect with us on Twitter, LinkedIn, YouTube and Facebook.

1The Changing Landscape of IT Incident and Crisis Management, Forrester Research, Inc., February 20, 2018.

Filed Under: Latest News Releases Tagged With: pagerduty, rundeck

Sponsored Content
Featured eBook
DevOps: Mastering the Human Element

DevOps: Mastering the Human Element

While building constructive culture, engaging workers individually and helping staff avoid burnout have always been organizationally demanding, they are intensified by the continuous, always-on notion of DevOps.  When we think of work burnout, we often think of grueling workloads and deadline pressures. But it also has to do with mismatched ... Read More
« Puppet Deepens Windows Integration
PagerDuty Applies AIOps to IT Incident Management »

TechStrong TV – Live

Click full-screen to enable volume control
Watch latest episodes and shows

Upcoming Webinars

Accelerating Continuous Security With Value Stream Management
Monday, May 23, 2022 - 11:00 am EDT
The Complete Guide to Open Source Licenses 2022
Monday, May 23, 2022 - 3:00 pm EDT
Building a Successful Open Source Program Office
Tuesday, May 24, 2022 - 11:00 am EDT

Latest from DevOps.com

DevOps Institute Releases Upskilling IT 2022 Report 
May 18, 2022 | Natan Solomon
Creating Automated GitHub Bots in Go
May 18, 2022 | Sebastian Spaink
Is Your Future in SaaS? Yes, Except …
May 18, 2022 | Don Macvittie
Apple Allows 50% Fee Rise | @ElonMusk Fans: 70% Fake | Microsoft Salaries up by 100%?
May 17, 2022 | Richi Jennings
Making DevOps Smoother
May 17, 2022 | Gaurav Belani

Get The Top Stories of the Week

  • View DevOps.com Privacy Policy
  • This field is for validation purposes and should be left unchanged.

Download Free eBook

The State of the CI/CD/ARA Market: Convergence
https://library.devops.com/the-state-of-the-ci/cd/ara-market

Most Read on DevOps.com

Top 3 Requirements for Next-Gen ML Tools
May 13, 2022 | Jervis Hui
15 Ways Software Becomes a Cyberthreat
May 13, 2022 | Anas Baig
Why Over-Permissive CI/CD Pipelines are an Unnecessary Evil
May 16, 2022 | Vladi Sandler
Apple Allows 50% Fee Rise | @ElonMusk Fans: 70% Fake | Micro...
May 17, 2022 | Richi Jennings
Making DevOps Smoother
May 17, 2022 | Gaurav Belani

On-Demand Webinars

DevOps.com Webinar ReplaysDevOps.com Webinar Replays
  • Home
  • About DevOps.com
  • Meet our Authors
  • Write for DevOps.com
  • Media Kit
  • Sponsor Info
  • Copyright
  • TOS
  • Privacy Policy

Powered by Techstrong Group, Inc.

© 2022 ·Techstrong Group, Inc.All rights reserved.