Dynatrace to buy AI observability firm Arize for $915 million
DT•Deal timing and financial impact
The deal is expected to close later this quarter or early in Dynatrace’s fiscal 2027 third quarter.
Dynatrace expects about 200 basis points accretion to fiscal 2027 ARR growth, with 175 basis points dilution to non-GAAP operating margin.
Arize founders Jason Lopatecki and Aparna Dhinakaran will join Dynatrace. Lopatecki will lead the Arize team reporting to Rick McConnell.
Dynatrace agrees to acquire Arize
Dynatrace agreed to buy AI observability company Arize in a cash-and-stock deal valued at $915 million.
Consideration includes about $815 million in cash, with replacement equity awards for Arize employees.




