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Datadog Completes Acquisition of CoScreen to Add Real-Time Collaboration for Developers

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On February 10, 2022, Datadog (NASDAQ: DDOG) announced the acquisition of CoScreen, a platform for technical team collaboration. This acquisition enhances Datadog's offerings by enabling real-time screen sharing and collaborative coding among engineers, aiming to improve productivity, incident response times, and resolution efficiency. The integration of CoScreen's capabilities is expected to foster better collaboration for remote teams, aligning with Datadog's mission to unify engineering workflows.

Positive
  • Acquisition of CoScreen enhances Datadog's platform with real-time collaboration features.
  • Improves productivity and efficiency in incident response for engineering teams.
  • Aligns with Datadog's mission to foster collaboration in distributed environments.
Negative
  • None.

NEW YORK, Feb. 10, 2022 /PRNewswire/ -- Datadog, Inc. (NASDAQ: DDOG), the monitoring and security platform for cloud applications, today announced it has acquired CoScreen, the collaboration platform for technical teams.

This acquisition will bring new capabilities to the Datadog platform that help engineers share their screens and work together during incident and security response, pair programming, prototyping, debugging and other activities in an integrated, joint workspace.

Engineers often collaborate with each other over code, commands in terminal windows and data on dashboards. CoScreen is built specifically for the daily workflows of engineers and enables active collaboration by allowing many users to simultaneously share and control apps with their team.

"Bringing teams together has always been Datadog's core mission," said Ilan Rabinovitch, Senior Vice President of Product and Community at Datadog. "Adding CoScreen's real-time communication capabilities helps our customers bring distributed teams closer together and move forward with in-product collaboration. The end result is higher developer productivity, faster incident response and reduced mean time to resolution."

"My team and I use CoScreen almost every day to collaborate and tackle issues while working remotely and have been incredibly impressed with the capabilities it provides," said Nate Kott, Senior Engineer at Clover by Fiserv. "We are excited to see Datadog and CoScreen join forces to create more open and collaborative work environments, which will ultimately lead to increased productivity across the business."

"Engineering and agile teams are most effective when they have a shared sense of belonging and context—this is true whether team members are colocated in an office or working remotely hundreds of miles apart," said Till Pieper, CEO of CoScreen. "Our goal with CoScreen has been to create a frictionless and engaging collaboration environment. We couldn't think of a better partner than Datadog to further this goal and create even deeper and more effective workflows among distributed teams."

Customers can apply for early access to the CoScreen platform at https://www.coscreen.co/

About Datadog
 
Datadog is the monitoring and security platform for cloud applications. Our SaaS platform integrates and automates infrastructure monitoring, application performance monitoring and log management to provide unified, real-time observability of our customers' entire technology stack. Datadog is used by organizations of all sizes and across a wide range of industries to enable digital transformation and cloud migration, drive collaboration among development, operations, security and business teams, accelerate time to market for applications, reduce time to problem resolution, secure applications and infrastructure, understand user behavior and track key business metrics.

Forward-Looking Statements

This press release may include certain "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, or the Securities Act, and Section 21E of the Securities Exchange Act of 1934, as amended, including but not limited to statements regarding enhancements to Datadog's products and features and resulting benefits. These forward-looking statements reflect our current views about our plans, intentions, expectations, strategies and prospects, which are based on the information currently available to us and on assumptions we have made. Actual results may differ materially from those described in the forward-looking statements and are subject to a variety of assumptions, uncertainties, risks and factors that are beyond our control, including those risks detailed under the caption "Risk Factors" and elsewhere in our Securities and Exchange Commission filings and reports, including the Quarterly Report on Form 10-Q filed with the Securities and Exchange Commission on November 5, 2021, as well as future filings and reports by us. Except as required by law, we undertake no duty or obligation to update any forward-looking statements contained in this release as a result of new information, future events, changes in expectations or otherwise.

Contact
Dan Haggerty
press@datadoghq.com

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SOURCE Datadog, Inc.

FAQ

What is the significance of Datadog acquiring CoScreen?

The acquisition introduces real-time collaboration features to Datadog's platform, enhancing productivity for technical teams.

When was the CoScreen acquisition announced?

The acquisition was announced on February 10, 2022.

How will the CoScreen acquisition impact Datadog's operations?

It will improve collaboration among engineers, particularly in remote settings, enhancing overall operational efficiency.

What benefits does CoScreen provide to Datadog users?

CoScreen allows multiple users to share and control applications simultaneously, facilitating better collaboration.

What are Datadog's plans following the acquisition of CoScreen?

Datadog plans to integrate CoScreen's capabilities into its platform, improving in-product collaboration and enhancing user experience.

Datadog, Inc.

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