KR — 전자신문
Datadog Reportedly Proposes $4 Billion Acquisition of Cloud Security Firm Upwind
Security1 min read
Datadog has reportedly offered to buy Upwind Security, a cloud security startup, for about $4 billion (about 5.3 trillion won). The deal is not confirmed, and neither company has made an official statement.
What happened
According to a report by The Information, a U.S. tech news outlet, Datadog recently offered to buy Upwind Security. The report cited sources familiar with the talks. Upwind is currently closing a funding round of $300 million, based on a company value of about $3.8 billion. The offer price is not much higher than that value.
Key numbers
- Offer price: about $4 billion (about 5.3 trillion won)
- Upwind's current company value: about $3.8 billion
- Funding round being closed: $300 million
- The offer is not a big premium over Upwind's company value
What the companies do
Upwind makes security software for apps that run in the cloud, which means on remote computers rented over the internet. Its software watches these apps and AI agents, finds signs of hacking or break-ins, and responds automatically. Datadog offers tools that collect and analyze data from many business software apps. This is called observability, which means seeing how software systems are working.
Why it matters
More companies are using AI agents, which are programs that can act on their own. This raises the need for cloud security. If the deal happens, Datadog would add security tools to its data services. It would be a large purchase in this market.
What to watch
- Whether Datadog and Upwind confirm the deal
- Whether Upwind finishes its $300 million funding round
- The final price, if a deal is made
Glossary
- Datadog
- A company that offers tools to collect and analyze data from business software apps.
- Upwind Security
- A cloud security startup that uses software to watch apps and AI agents for hacking signs.