Dynatrace has announced its intention to acquire Rookout, a company specializing in debugging actively running code in cloud-native applications hosted on Kubernetes, with the aim of enhancing developer productivity and innovation. The acquisition will integrate Rookout's capabilities into the Dynatrace platform, allowing developers to gain increased code-level observability in production environments, thus minimizing the disruption typically associated with traditional debugging methods. This integration is expected to facilitate better collaboration among development, IT, and security teams, while also supporting the shift-left and shift-right approaches that demand enhanced observability and security capabilities throughout the software lifecycle. The transaction, expected to close by September 30, 2023, aims to leverage Dynatrace's artificial intelligence and automation features to streamline debugging processes, ultimately allowing developers to focus more on delivering business value rather than on maintenance activities. The acquisition is not anticipated to materially affect Dynatrace's fiscal year 2024 financials and will be funded from existing cash reserves.