9/103 sources · 3 publishersUpdated Oct 22, 21:31 UTC
Datadog proposes $4 billion deal for Upwind, which the startup rejects
Datadog announced an offer of nearly $4 billion to acquire cloud‑cybersecurity startup Upwind. Upwind, valued at about $3.8 billion after a recent $300 million funding round, declined the proposal. The news sent Datadog shares down 5% to $259.31 and added pressure on the broader tech market.
Why it matters
The rejection leaves the acquisition uncertain, keeping the premium‑priced deal off the books and preserving Upwind’s independence. Datadog’s stock slide reflects investor concerns over a large, unconfirmed outlay and potential dilution.
Key facts
- 1Datadog offered to acquire Upwind for nearly $4 billion. seekingalpha.com
- 2Upwind is valued at about $3.8 billion in its latest funding round. seekingalpha.com
- 3Upwind rejected the $4 billion acquisition proposal. globes.co.il
- 4Upwind is raising $300 million at a $3.8 billion valuation. globes.co.il
- 5Datadog shares fell 5% to $259.31 after the offer was reported. investing.com
- 6The Nasdaq fell nearly 3% on the same day. investing.com
Summary written by AlphAI AI Desk from 3 of 3 sources. Not investment advice. Figures are as stated by the linked sources.