Research Notes

Research Note: Veeam Acquires Object First, Consolidating Its Backup Appliance Strategy

Steve McDowell January 31, 2026

Veeam recently confirmed its acquisition earlier this month of Object First, an immutable backup storage appliance vendor founded by Veeam’s original co-founders Ratmir Timashev and Andrei Baronov in 2022.

The transaction resolves a strategic conflict where Veeam competed directly with Object First’s Ootbi appliance while simultaneously offering its own Veeam Software Appliance for backup storage. The acquisition provides Veeam with purpose-built hardware capabilities to complement its software-first strategy.

Research Note: HPE’s New Networking & Compute (NRF 2026)

Steve McDowell January 31, 2026

At the recent NRF 2026 in New York, HPE expanded its retail-focused infrastructure portfolio with new networking and compute capabilities intended for always-on retail environments. The announcements emphasize tighter integration between edge networking, cloud-native AI operations, and fault-tolerant compute to support transaction continuity, operational visibility, and distributed retail services.

Research Note: CrowdStrike’s Shopping Spree, Acquires SGNL and Seraphic

Steve McDowell January 26, 2026

CrowdStrike announced two strategic acquisitions in January 2026 that extend its Falcon platform into browser runtime security and continuous identity authorization. The company acquired SGNL for $740 million and Seraphic Security for an undisclosed amount, with both transactions expected to close in Q1 FY2027.

Research Note: Dell PowerStore OS v4.3 brings Capacity Expansion and Enterprise Resilience Enhancements

Steve McDowell January 23, 2026

Dell Technologies has released PowerStore OS v4.3, introducing higher-capacity QLC flash drives, expanded replication capabilities, and file system operational improvements.

Research Note: Dynatrace Acquires DevCycle, Integrating Observability & Feature Management

Steve McDowell January 18, 2026

Dynatrace this week announced the acquisition of DevCycle, a feature management platform built on the OpenFeature standard. The acquisition addresses a fundamental gap in modern software delivery: the disconnect between feature flag controls and runtime observability.

Research Note: Snowflake Acquires Observe, Advancing Data Platform & Observability Integration

Steve McDowell January 18, 2026

Snowflake recently announced a definitive agreement to acquire Observe, an AI-powered observability platform built on Snowflake’s infrastructure. Valued at approximately $1 billion, this is Snowflake’s second observability-related acquisition, after TruEra in May 2024.

These acquisitions challenge the traditional separation between observability infrastructure and data platforms. By treating telemetry data (logs, metrics, traces) as first-class data within Snowflake rather than requiring specialized observability infrastructure, the combined offering promises to reduce observability costs while enabling full-fidelity data retention.