Perforce Software announced that it has signed a definitive agreement to acquire Puppet, an infrastructure automation software platform that enables users to provision, update, monitor and secure software on physical and virtual machines.
Financial terms of the transaction were not disclosed.
By increasing productivity, eliminating errors, improving security, and accelerating software delivery for DevOps teams, Puppet’s solutions support customers on their digital transformation journeys. Puppet was one of the first developers of what is now called “Infrastructure as Code”. More than 40,000 organizations have benefited from Puppet’s open source and commercial solutions, as the company’s infrastructure automation technology provides solutions to strengthen the security posture, compliance, and business resilience of its customers across the world. beyond the data center to the cloud.
Additionally, Puppet’s annual State of DevOps Report is considered the source of information for updates on the adoption and advancement of DevOps in organizations by more than 35,000 technical and management professionals. surveyed via ten separate surveys since 2011.
“This acquisition expands our product offering by adding new capabilities that enable enterprise DevOps teams to manage and secure their critical infrastructure,” said Mark Ties, CEO of Perforce. “With Puppet, we will provide our customers with access to a portfolio of products that will enable them to drive innovation on a global scale. We look forward to welcoming the Puppet team and continuing to deliver the level of customer support , services and community that Puppet has established in the market.
“Puppet has been in the DevOps space for over 15 years, with a focus on infrastructure as code and operators. Going forward, however, we believe that enterprise customers are looking for strategic partners who can deliver more breadth and depth throughout the DevOps lifecycle. Integrating Puppet into Perforce does exactly that,” said Yvonne Wassenaar, CEO of Puppet. “As a member of Perforce, we believe that we will be better positioned to meet the breadth of our customers’ DevOps needs while accelerating our own innovation to ensure that customers can provision, operate and automate their infrastructures at scale in the data center, across the clouds, and to the edge.
The addition of Puppet builds on Perforce’s existing DevOps portfolio, allowing Perforce to continue to focus on DevOps at scale and solving some of the toughest automation challenges in the world’s largest enterprises. Like Perforce, Puppet provides solutions to some of the world’s largest enterprises, including, by the end of 2021, 85% of the world’s largest banks and 80% of the world’s largest technology organizations. Together, the combined company will help drive innovation within its combined customer base, which includes 40 Fortune 50 companies.
“Through this strategic acquisition, Perforce is able to capitalize on the market tailwinds that are driving demand for IT infrastructure automation,” said Evan Daar, partner at Francisco Partners, and Sean Courtney, vice president. senior at Clearlake, in a joint statement. “The addition of Puppet further enhances the capabilities that Perforce can offer its valued customers, and we look forward to catalyzing this opportunity to build continued momentum into the platform.”
The acquisition is subject to customary closing conditions and is expected to close in the second quarter of 2022.