Flowmill: Splunk acquires Palo Alto startup to nab bigger slice of $12 billion monitoring market

Splunk is looking to make a bigger splash in the $12 billion online monitoring market with its acquisition of Flowmill, the company said Tuesday. Flowmill, a Palo Alto-based network performance monitoring startup, marks the fifth acquisition Splunk has made in the past two years to grow its presence in the multibillion dollar cloud monitoring market, or observability market. Terms were not disclosed. Cloud monitoring refers to the managing, monitoring and evaluation of cloud-based operations. That...