Elastic N.V.
For the period ended Jul 31, 2026. Filed Aug 28, 2026.
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Jul 31, 2026 · Filed Aug 28, 2026
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Subsequent Events
- Subsequent Events
On August 21, 2026, the Company acquired 100% of the share capital of Deductive AI, Inc. an AI-powered investigation platform, for cash consideration of approximately $70 million. Based in the United States, Deductive AI, Inc. has built an AI site reliability engineering (“SRE”) agent that connects to a customer’s code, telemetry sources, and organizational knowledge to help engineering teams investigate alerts and production issues.
The acquisition will be accounted for as a business combination and, accordingly, the purchase price will be allocated to tangible and intangible assets acquired and liabilities assumed based on their respective fair values on the acquisition date. Due to the timing of the acquisition, the Company is in the process of finalizing the purchase price allocation for the transaction.
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