launchedservice

Observe (observability)

Acquired in February 2026 and sold as a standalone product that can also be paid for with Snowflake credits.

SNOW market data

What it is

An AI-powered observability service for logs, metrics and traces, with an AI assistant for diagnosing incidents. It is built on the Snowflake lakehouse and stores data in Apache Iceberg tables.

Why it matters to the stock. It takes Snowflake into IT operations monitoring, a separate budget line from the data platform.

News

Snowflake agrees to buy AI observability company Observe

Snowflake signed a definitive agreement to acquire Observe, an AI-powered observability company whose platform was built on Snowflake from the start.

M&A