ITRS Group, a London-based provider of real-time monitoring and analytics software to enterprise, has acquired US-based Uptrends, a monitoring tool for websites and networks. The Florida startup has developed a tool that monitors the uptime, performance, and functionality of websites, APIs, and servers. With the acquisition, ITRS can better serve its enterprise customers by providing greater scalability, APIs for controlling the software and its configuration and enhanced visualisation of the data.
“ITRS and Uptrends will continue to independently focus on their respective core markets while adding value to customers in areas such as capacity planning, network monitoring, log analysis and big data storage and analytics. This allows us to leverage our investment in R&D across a larger market and customer base,” explained Guy Warren, CEO at ITRS.
The purchase of Uptrends follows the global company’s strategy to build, buy and partner to stay on top of increasingly complex IT estates across industries. Back in 2018, the company bought two European startups in the IT and monitoring sector: Sumerian (Scotland) and OP5 (Sweden). Based in Boca Raton, Uptrends will remain and operate as a separate brand and entity, fully owned by ITRS Group.