Elastic, a company specializing in search and data analysis, has agreed to acquire DeductiveAI, a startup focused on using artificial intelligence to identify and resolve software bugs. DeductiveAI was founded three years ago. The acquisition deal is valued at up to $85 million.
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Elastic to Acquire DeductiveAI for Up to $85 Million
Elastic has announced its agreement to acquire DeductiveAI, a startup that leverages AI technology to detect and fix software bugs. The acquisition is valued at up to $85 million.
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DeductiveAI
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Source: Elastic agrees to buy CRV-backed DeductiveAI for up to $85M
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Elastic to Acquire DeductiveAI for Up to $85 Million