{"id":397115,"date":"2020-12-10T07:03:12","date_gmt":"2020-12-10T12:03:12","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=397115"},"modified":"2020-12-10T07:03:12","modified_gmt":"2020-12-10T12:03:12","slug":"new-relic-signs-definitive-agreement-to-acquire-pixie-labs-a-next-generation-machine-intelligence-observability-solution-for-developers-using-kubernetes","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/new-relic-signs-definitive-agreement-to-acquire-pixie-labs-a-next-generation-machine-intelligence-observability-solution-for-developers-using-kubernetes\/","title":{"rendered":"New Relic Signs Definitive Agreement to Acquire Pixie Labs, a Next Generation Machine Intelligence Observability Solution for Developers Using Kubernetes"},"content":{"rendered":"

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New Relic Signs Definitive Agreement to Acquire Pixie Labs, a Next Generation Machine Intelligence Observability Solution for Developers Using Kubernetes<\/b><\/p>\n

Pixie Labs to expand New Relic\u2019s opportunity in the rapidly growing Kubernetes market<\/i><\/p>\n

SAN FRANCISCO–(BUSINESS WIRE<\/a>)–
\nToday, New Relic, Inc.<\/a> (NYSE: NEWR), a leader in observability, announced it has signed a definitive agreement to acquire Pixie Labs<\/a>, a next generation machine intelligence observability solution for developers using Kubernetes. Pixie dramatically simplifies the process of troubleshooting and live debugging applications in Kubernetes environments by providing instant access to telemetry data without the need to manually add instrumentation to the code. The anticipated addition of Pixie will expand New Relic\u2019s opportunity to serve the rapidly growing Kubernetes market, and drive the acceleration of observability across organizations of every size.\n<\/p>\n

This press release features multimedia. View the full release here: https:\/\/www.businesswire.com\/news\/home\/20201210005294\/en\/<\/a><\/p>\n

\nModern developers are adopting Kubernetes as the de facto standard for managing containerized workloads on premises and in the cloud. The Cloud Native Computing Foundation recently reported that 83% of survey respondents use Kubernetes in production, up from 58% in 20181<\/sup>. Yet, software engineering teams consistently struggle to troubleshoot, debug, and gain visibility into applications running in Kubernetes clusters.\n<\/p>\n

\nPixie Labs\u2019 technology significantly simplifies observability for Kubernetes environments. With Pixie, telemetry data runs entirely inside Kubernetes at the edge. This first-of-its-kind approach provides telemetry to developers with lower overhead, latency, and costs. New Relic plans to integrate the best of Pixie use cases with New Relic One, where customers will gain access to powerful features, including advanced correlation and alerting with Applied Intelligence, advanced visualization and analytics with Full Stack Observability, and extended data retention and compliance through Telemetry Data Platform. Pixie\u2019s technology will complement New Relic\u2019s powerful Kubernetes observability features<\/a> in New Relic One available today, including the Kubernetes Cluster Explorer.\n<\/p>\n

\nMore than 300 engineering teams are using the Pixie beta<\/a> today at companies ranging from startups to enterprises running internet-scale Kubernetes clusters.\n<\/p>\n

Comments on the news: <\/b><\/p>\n

\n\u201cAt New Relic, we believe that every developer in the world should have observability as part of their toolkit, so they can easily visualize and troubleshoot their entire software stack,\u201d said New Relic CEO and Founder Lew Cirne. \u201cAs Kubernetes rapidly becomes the default environment for deploying and managing software in the cloud, we’re doubling down on our Kubernetes strategy with the acquisition of Pixie Labs. Our goal is to make Pixie and New Relic One ubiquitous to the millions of developers responsible for building and deploying applications in Kubernetes environments.\u201d\n<\/p>\n

\n\u201cWe founded Pixie Labs to build a magical developer experience that redefines how developers explore, monitor, secure, and manage their applications. And the team at New Relic shares our developer-first approach,\u201d said Zain Asgar, Co-founder\/CEO of Pixie Labs and an Adjunct Professor of Computer Science at Stanford University. \u201cJoining forces with New Relic will enable us to scale the Pixie platform faster and accelerate our ability to deliver on that vision for developers.\u201d\n<\/p>\n

\n\u201cPixie is the first telemetry tool I’ve used that provides operational telemetry out of the box with zero changes to application code. With a simple command-line deploy, I can see data and troubleshoot my Kubernetes apps in minutes,\u201d said Roopak Venkatakrishnan, staff software engineer at Bolt, a fintech company. \u201cThis is a game changer for the observability industry and I\u2019m excited they\u2019ll continue to bring this technology to market as part of the New Relic family.\u201d\n<\/p>\n

\n\u201cKubernetes is rapidly becoming our standard environment for deploying all new workloads, and Pixie\u2019s technology allows us to instantly troubleshoot, debug, and see the performance of these applications,\u201d said Darshan Desai, founder and CEO of Plan, a productivity software company. “Pixie has been transformational for our development team. Nothing else in the market today has allowed us to drastically simplify and unlock the full potential of Kubernetes like Pixie.”\n<\/p>\n

\nAdditional Resources:\n<\/p>\n