Security News > 2021 > May > Everbridge acquires xMatters to transform digital service resilience

Everbridge announced the completion of its acquisition of xMatters, a provider of IT Service Operations, Cybersecurity and DevOps incident response management.

On April 6, 2021, Everbridge announced a definitive agreement between the parties pursuant to which Everbridge would acquire all of the outstanding equity of xMatters.

"xMatters' strong position within many of the Fortune 1000 and Global 2000 adds even greater value to our CIO and C-suite customers and prospects across large enterprises. For many of these C-level decision makers, IT incident and cyber response management remains critical to protecting revenue, productivity and reputation - one of Everbridge's fastest growing use cases," said David Meredith, CEO of Everbridge.

"xMatters' technology will complement our successful IT alerting business, providing a natural combination to further strengthen our CEM for Digital solution. Our two companies share award-winning cultures as best places to work, and we are excited to welcome the talents of the xMatters team into the Everbridge family."

"The combination of our xMatters team and technologies with Everbridge will enable us to provide our collective customers and partners with a highly-differentiated, end-to-end platform for transforming digital service resilience," said Troy McAlpin, CEO at xMatters.

"For our customers, digital business is their lifeblood and when that business is interrupted every second counts. With our acquisition now complete, we're looking forward to further extending the power of critical event management across an enterprise's IT incident, digital service delivery, cyber security, and DevOps environments to help organizations ensure uninterrupted customer experiences."

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