New Relic Acquires CodeStream

New Relic, Inc. (NYSE: NEWR), the observability company, acquired CodeStream, a developer collaboration platform.

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The amount of the deal was not disclosed.

The company also announced the launch of New Relic CodeStream, a developer experience that brings observability and code collaboration into the most widely used Integrated Development Environments (IDE). To deliver this new capability, New Relic has integrated CodeStream with New Relic One.

New Relic CodeStream is an observability solution that connects application telemetry data directly to the relevant code inside the IDE, so developers can instrument, collaborate, and debug issues faster and easier. The capability includes integrations with Microsoft’s VS Code, Visual Studio, Teams and GitHub, among other popular developer tools.

Led by CEO Bill Staples, New Relic is a leader in observability that empowers engineers with a data-driven approach to planning, building, deploying and running great software. New Relic One delivers a unified data platform that empowers engineers to get all telemetry—metrics, events, logs and traces—paired with a full stack analysis tools.

New Relic helps engineers at brands including AB InBev, Australia Post, Banco Inter, Chegg, Gojek, REI, Signify Health, TopGolf, World Fuel Services (WFS) and Zalora improve planning cycle times, decrease change failure rates, accelerate release frequency and reduce mean time to resolution.