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.↗ source

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