Keep
2025
Why
Acquired open-source AIOps alert management platform Keep to add alert correlation to observability and security.
Elastic
Acquisitions
8
Major Deals Covered
$234M
Disclosed Deal Value
Elastic's largest disclosed acquisition here is Endgame, Inc. for $234M in 2019. This page covers 8 major deals from 2015 to 2025, each with its price where disclosed and the reason behind it.
| Company | Year | Price | Purpose |
|---|---|---|---|
| Found | 2015 | Undisclosed | Acquired the hosted Elasticsearch provider Found, which became the basis of Elastic Cloud. |
| Opbeat & Prelert | 2017 | Undisclosed | Bought Prelert (machine-learning anomaly detection, 2016) and Opbeat (application performance monitoring, 2017); terms were not disclosed. |
| Swiftype | 2017 | Undisclosed | Acquired the site search startup Swiftype, which became Elastic's App Search and Site Search products. |
| Endgame, Inc. | 2019 | $234.0M | All-stock deal valued at about $234 million for the endpoint security company Endgame, which formed the endpoint layer of Elastic Security. |
| Cmd | 2021 | Undisclosed | Acquired Linux runtime security company Cmd to extend cloud workload protection in Elastic Security. |
| Optimyze | 2021 | Undisclosed | Acquired continuous profiling startup Optimyze, adding always-on code profiling to Elastic Observability. |
| Keep | 2025 | Undisclosed | Acquired open-source AIOps alert management platform Keep to add alert correlation to observability and security. |
| Jina AI | 2025 | Undisclosed | Acquired Berlin-based Jina AI, maker of multilingual and multimodal embedding and reranker models, to strengthen Elasticsearch for vector search and RAG. |
2025
Acquired open-source AIOps alert management platform Keep to add alert correlation to observability and security.
2025
Acquired Berlin-based Jina AI, maker of multilingual and multimodal embedding and reranker models, to strengthen Elasticsearch for vector search and RAG.
2021
Acquired Linux runtime security company Cmd to extend cloud workload protection in Elastic Security.
2021
Acquired continuous profiling startup Optimyze, adding always-on code profiling to Elastic Observability.
2019
$234M
All-stock deal valued at about $234 million for the endpoint security company Endgame, which formed the endpoint layer of Elastic Security.
Transformed Elastic into a full-scale cybersecurity SIEM and XDR vendor.
Integrated as Elastic Security.
2017
Bought Prelert (machine-learning anomaly detection, 2016) and Opbeat (application performance monitoring, 2017); terms were not disclosed.
Formed the foundational infrastructure of Elastic Observability.
Integrated into core stack.
2017
Acquired the site search startup Swiftype, which became Elastic's App Search and Site Search products.
2015
Acquired the hosted Elasticsearch provider Found, which became the basis of Elastic Cloud.
Elastic's strategy is to make Elasticsearch the retrieval layer for enterprise AI while consolidating observability and security tools onto the same platform. Recent moves include buying Jina AI (embeddings and rerankers) and Keep (AIOps alert management) in 2025, launching Elastic Workflows and Agent Builder for agentic automation, and releasing a serverless vector database in September 2026. The sales focus is on large customers: the >$100K ACV cohort grew by its largest-ever quarterly net addition in Q1 FY2027.
Elastic is a B2B software company with an open-core model. Its core Elasticsearch and Kibana code is free to download, and the company makes money by selling paid subscriptions that add advanced features (machine learning, security analytics, AI assistants, enterprise support) and by running the software for customers as Elastic Cloud on AWS, Microsoft Azure and Google Cloud. Cloud customers pay largely based on consumption of compute and storage, so revenue grows as customers index and search more data. Subscriptions accounted for $1.634 billion of Elastic's $1.739 billion fiscal 2026 revenue; the rest came from professional services and training. Elastic packages the platform into three solutions: Search & AI (application search, RAG and vector search), Observability (logs, metrics, traces, APM) and Security (SIEM, XDR, endpoint protection).
Key historical acquisitions include Endgame (2019 for $234 million - endpoint security), Prelert (2016 - machine learning anomaly detection), Swiftype (2017 - enterprise search), Cmd (2021 - cloud runtime security), and Optimyze (2021 - continuous profiling).
Acquiring endpoint security leader Endgame transformed Elastic into a major cybersecurity power, integrating EDR endpoint prevention, threat hunting, and automated malware blocking natively into Elasticsearch to launch Elastic Security.
Elastic acquired UK-based behavioral analytics startup Prelert, integrating its unsupervised machine learning algorithms directly into Elasticsearch to automatically detect log anomalies, IT bottlenecks, and security intrusions without manual rules.
Elastic acquired enterprise site-search pioneer Swiftype, utilizing its web crawling and relevance algorithms to launch Elastic App Search and Elastic Workplace Search, simplifying search integrations for digital applications.
Elastic acquired Optimyze to integrate eBPF-based continuous profiling into Elastic Observability, allowing developers to inspect CPU and memory usage down to the exact line of code across microservices with minimal system overhead.
Elastic acquired Vancouver-based cloud security startup Cmd to bring real-time Linux container monitoring and cloud runtime protection directly into the Elastic Agent for Kubernetes and cloud workloads.
Elastic pursues disciplined technology tuck-in acquisitions that expand its unified data platform, focusing on vector search acceleration, generative AI tooling, eBPF infrastructure telemetry, and cloud-native security intelligence.
Unlike competitors who operate disparate software suites, Elastic completely rewrites and embeds acquired technologies directly into the core Elasticsearch engine and unified Kibana interface, maintaining a single codebase.
To aggressively transform from a simple search engine into a massive cybersecurity platform, Elastic executed a highly strategic $234 million acquisition of Endgame in 2019, instantly giving them endpoint security capabilities to compete directly with companies like CrowdStrike.
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