Elastic Completes Acquisition of Keep SAN FRANCISCO--(BUSINESS WIRE)--Elastic (NYSE: ESTC), the leading Search AI company, has announced the completion of its acquisition of Keep Alerting Ltd (“Keep”), an open-source AIOps firm that specializes in unifying alerts and automating incident remediation. This move aims to enhance operational efficiency and service reliability for users by streamlining alert management. “We are thrilled to welcome the Keep team to Elastic,” said Ken Exner, Chief Product Officer at Elastic. “Their advanced AIOps and workflow automation capabilities will seamlessly integrate with the speed and scalability of Elasticsearch, complementing our existing AI/ML and AI Assistant solutions. This partnership will enable us to deliver powerful AI-driven automation across our Observability, Security, and Search portfolios.” For additional details about the acquisition and the integration of Keep with Elastic, visit the Elastic blog. About Elastic Elastic (NYSE: ESTC) is a pioneering Search AI company that combines its extensive knowledge in search technology with artificial intelligence to empower businesses to transform their data into meaningful insights and actionable outcomes. The Elastic Search AI Platform underpins its suite of solutions for search, observability, and security, and is leveraged by thousands of companies, including over half of the Fortune 500. For more information, visit elastic.co. Forward-Looking Statements and Disclaimers This announcement includes forward-looking statements concerning the acquisition of Keep and the planned integration and enhancement of its products and features. These statements are subject to significant risks and uncertainties, and actual outcomes may vary widely due to factors such as integration challenges, market conditions, and other unforeseen developments. Additional details about these risks can be found under "Risk Factors" in Elastic’s most recent filings with the U.S. Securities and Exchange Commission (SEC), notably the Annual Report on Form 10-K for the fiscal year ended April 30, 2024, and subsequent reports available at ir.elastic.co and www.sec.gov. Elastic does not undertake any obligation to update these forward-looking statements, except as required by law. Trademark Information Elastic and associated marks are trademarks or registered trademarks of Elasticsearch B.V. and its subsidiaries. All other company and product names may be trademarks of their respective owners. For further news updates from Elastic, visit the company’s website.