Home ยป Speculation: GitLab Aiming for Acquisition, Company Valued at $8 Billion Currently

Speculation: GitLab Aiming for Acquisition, Company Valued at $8 Billion Currently

According to Reuters, sources suggest that GitLab is considering selling the company and has attracted interest from several companies, but only Datadog, a monitoring and security platform company, has been named. GitLab started as a mere startup project in 2011 before joining the Y Combinator program in 2016 and going public in 2021. The company is currently valued at 8 billion dollars. (Source: Bloomberg)

TLDR: GitLab is contemplating selling the company and has garnered interest from various parties, with Datadog being the only one revealed. The company, which began as a startup in 2011, is now valued at 8 billion dollars after going public in 2021.

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