Bindplane

Canaccord Genuity is acting as Exclusive Financial Advisor to Bindplane on its planned sale to Dynatrace to Establish Telemetry Pipelines for AI and Cloud‑Native Observability

Canaccord Genuity is pleased to announce that its client Bindplane, a company whose open-standards-based telemetry pipeline helps organizations capture and manage data at scale, has agreed to be acquired by Dynatrace.

Bindplane is a leader in its category. 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.

Dynatrace is advancing observability for today’s digital businesses, helping to transform the complexity of modern digital ecosystems into powerful business assets. By leveraging AI-powered insights, Dynatrace enables organizations to analyze, automate, and innovate faster to drive their business forward.

The transaction is expected to close later this month, subject to customary closing conditions.