The Technology and M&A team advised Dynatrace on signing a definitive agreement to acquire Arize, the category leader in AI Observability, in a cash and stock transaction valued at $915 million. Under the terms of the agreement, Dynatrace will acquire Arize for $915 million, subject to customary adjustments, consisting of approximately $815 million in cash as well as replacement equity awards for Arize employees joining Dynatrace. Dynatrace plans to fund the transaction through cash on hand and/or its existing credit facility. Together, Dynatrace and Arize will enable customers to evaluate, operate, and continuously improve AI applications from development through production at scale.
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 Goodwin team was led by Joe Theis, Mike Russell, and Trey O’Callaghan and included Rachel Qi, Ryan Reshke, Sam Jones, James Matarese, Aaron Berman, Matthew Rosencranz, Nikki Miller, Sofia Wyman, Ananth Lakshman, Tanya Choudhary, Sarah Bock, Morgan Frisoli, Lydia Marik, Kevin Lam, Steven Argentieri, Izzy Greenblatt-Gunning, Chalaun Lomax, Filippos Papadatos, Andrew Lacy, Sarah Jordan, Brady Cummins, John Goheen, Kevin Walsh, Andrew Jensen, Samuel Honnywill, Elliot Luke, Danielle Fong, Janet Andolina, Shlomo Gottesman, Jennifer Fay, Austin Jones, Alex Fisher, Alex Nicolaidis, Jacqueline Klosek, Karl Dragosz, Jacob Osborn, Nick Ognibene, Sofia Polishchuk, Dylan Brown, Emily Josef, Natalie Romero, Ai Tajima, Shelby Hecht, Minji Kim, Liza Craig, Joshuah Turner, Alex Vivona, Adam Slutsky, Lauren LaVare, Scott Zilora, and Allison Goldsher.