LogicMonitor acquires Catchpoint for over $250 million to build AI-era observability platform

AI-first observability vendor LogicMonitor announced it has completed the acquisition of internet performance and digital experience monitoring company Catchpoint for more than $250 million in cash. The companies say the deal will feed Catchpoint’s global telemetry into LogicMonitor’s Edwin AI engine to create a unified, predictive observability platform spanning infrastructure, cloud and internet performance, aimed at preventing outages and supporting AI-intensive workloads.