Big data analytics company Splunk’s agreement to acquire SaaS real-time monitoring and metrics for cloud infrastructure vendor SignalFx puts the company in a position as a leader in monitoring and observability at massive scale, according to Splunk president and CEO Doug Merritt.

Big data aggregator and search platform, Splunk, has unveiled a score of new features and products, collectively labelled Splunk>next, representing major technological changes and a raft of innovation and new ways of working.

Machine data aggregation and search engine Splunk has announced a definitive agreement to acquire VictorOps, a leader in DevOps incident management, for approximately US$120 million.