AI-powered observability platform, Dynatrace has signed a definitive agreement to acquire Bindplane, its technology optimizes and governs telemetry at the edge to improve data quality, reduce ingest costs, and enhance compliance through the removal, masking, and encryption of sensitive data.
Bindplane also provides a natural transition path from legacy monitoring tools to modern, cloud native observability.
“Together, Dynatrace and Bindplane will enable a new level of control over telemetry,” said Steve Tack, Chief Product Officer at Dynatrace. “As data volumes surge and AI becomes central to how teams build and operate software, customers need a unified, open approach to managing their data. Our combined offering will create a market leading foundation that gives customers the clarity and control they need to operate with confidence and drive innovation. The acquisition will allow Dynatrace to accelerate its Log Management and Analytics roadmap as customers will gain expanded ingest capacity across a broader range of data sources and the freedom to route telemetry to any destination.”
“As organizations modernize and adopt AI-driven development, telemetry has become one of their most valuable and yet challenging assets,” said Michael Kelly, CEO at Bindplane. “Bindplane helps customers reduce complexity, improve data quality, and accelerate their digital transformation. We’re excited to join Dynatrace to enable even more teams around the world to turn their data into a strategic advantage.”
The transaction is expected to close later this month, subject to customary closing conditions, and is not expected to have a material impact on Dynatrace’s FY’27 financial results.
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