We advised Dynatrace, a global software intelligence company, on acquiring 100% of the shares of SpectX, a high-speed parsing, and query analytics company.

Advancing capabilities

As a result of the transaction, Dynatrace will take over SpectX’s operations in Tallinn, Estonia. With the acquisition of SpectX, Dynatrace will advance its Software Intelligence Platform’s observability and application security analytics capabilities even further.

“Market-leading innovation is core to the Dynatrace culture, and we are always looking for ways to accelerate this and embrace exceptional talent to help us scale,” said Bernd Greifeneder, founder, and CTO at Dynatrace. “With SpectX, we are fulfilling both goals. Its advanced analytics solution fits seamlessly into our product roadmap, while its exceptionally talented team will extend our ability to help the world’s leading organizations accelerate digital innovation. Ultimately, this acquisition will empower us to leap even further ahead of our competition in terms of differentiation and value for these organizations.”

Known forces in the field

Dynatrace, listed on the NYSE, provides software intelligence to simplify cloud complexity and accelerate digital transformation. With automatic and intelligent observability at scale, their all-in-one platform delivers precise answers about the performance and security of applications, the underlying infrastructure, and the experience of all users to enable organizations to innovate faster, collaborate more efficiently, and deliver more value with dramatically less effort. That’s why many of the world’s largest organizations trust Dynatrace to modernize and automate cloud operations, release better software faster, and deliver unrivaled digital experiences.

Tallinn-based SpectX is a known force in the field, having more than 50 years of collective experience in InfoSec and AntiFraud from Microsoft, Skype, Swedbank, and consulting numerous enterprises. SpectX is a powerful, yet flexible data analytics solution, enabling analysis of real-time raw data, archives, and random dumps reaching beyond security incident and management software (SIEM).

Our services and client team

We assisted Dynatrace throughout the transaction, including performing legal and tax due diligence, as well as assistance in negotiating the deal and participating in the preparation of the transaction documents. We also supported the client in matters related to closing the deal and continue to support the client in post-closing matters.

Our client team includes partners Toomas Prangli and Piret Jesse, counsels Piret Lappert, Lauri Liivat, Pirkko-Liis Harkmaa, Kaido Künnapas and Piibe Lehtsaar, and associates Vladislav Leiri, Kadri Puu, Liisa Maria Kuuskmaa and Oliver Kuusk.

More information.