New Relic Set to Acquire Pixie Labs

The observability company, New Relic (NYSE: NEWR) signes a definitive agreement to acquire Pixie Labs, a next generation machine intelligence observability solution for developers using Kubernetes.

Pixie’s addition will help New Relic to serve the rapidly growing Kubernetes market, and drive the acceleration of observability across organizations of every size.

Pixie Lab’s technology significantly simplifies observability for Kubernetes environments. 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. It will also extend data retention and compliance through Telemetry Data Platform.

“At New Relic, we believe that every developer in the world should have observability as part of their toolkit, so they can easily visualise and troubleshoot their entire software stack,” said New Relic CEO and Founder Lew Cirne. “As 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.”

“We 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,” said Zain Asgar, Co-founder/CEO of Pixie Labs and an Adjunct Professor of Computer Science at Stanford University. “Joining forces with New Relic will enable us to scale the Pixie platform faster and accelerate our ability to deliver on that vision for developers.”

“Pixie 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,” said Roopak Venkatakrishnan, staff software engineer at Bolt, a fintech company. “This is a game changer for the observability industry and I’m excited they’ll continue to bring this technology to market as part of the New Relic family.”

“Kubernetes is rapidly becoming our standard environment for deploying all new workloads, and Pixie’s technology allows us to instantly troubleshoot, debug, and see the performance of these applications,” 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."