Elasticsearch Becomes Elastic, Acquires Found
March 25, 2015
The article on Forbes.com titled Elasticsearch Changes Its Name, Enjoys An Amazing Open Source Ride and Hopes to Avoid Mistakes explains the latest acquisition and the reasons behind the name change to simply Elastic. That choice is surmised to be due to Elastic’s wish to avoid confusion over the open source product Elasticsearch and the company itself. It also signals the company’s movement beyond solely providing search technology. The article also discusses the acquisition of Found, a Norwegian company,
“Found provides hosted and fully managed Elasticsearch clusters with technology that automates processes such as installation, configuration, maintenance, backup, and highavailability. Doing all of this heavy-lifting enables developers to integrate a search engine into their database, website or app quickly In addition, Found has created a turnkey process to scale Elasticsearch clusters up or down at any time and without any downtime. Found’s Elasticsearch as a Service offering is being used by companies like Docker, Gild… and the New York Public Library.”
Elasticsearch has raised almost $105 million since its start after being created by Shay Banon in 2010. The article posits that they have been doing the right things so far, such as the acquisition of Kibana, the visualization vendor. Although some startups relying on Elasticsearch may throw shade at the Found acquisition, there are no foreseeable threats to Elastic’s future.
Chelsea Kerwin, March 25, 2015
Stephen E Arnold, Publisher of CyberOSINT at www.xenky.com
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Elasticsearch Becomes Elastic, Acquires Found : Stephen E. Arnold @ Beyond Search