Foley Represents Elastic in Acquisition of Deductive AI
Foley & Lardner LLP represented Elastic in their acquisition of Deductive AI, an AI-powered investigation platform that helps engineering teams identify and resolve production issues faster. The acquisition advances Elastic’s goal to set the standard for production incident investigation by bringing more AI-powered investigation and automation to Elastic Observability.
Elastic (NYSE: ESTC) integrates its deep expertise in search technology with artificial intelligence to help everyone transform all their data into answers, actions, and outcomes. The Elasticsearch Platform, which is the foundation for its search, observability, and security solutions, is used by thousands of companies, including more than 50% of the Fortune 500.
Deductive AI adds an AI SRE agent that gathers evidence, forms and tests hypotheses, and reasons across code, telemetry, and organizational knowledge to determine root cause. Its investigation engine learns which paths lead to useful evidence and successful outcomes, so every investigation can improve the next. Combined with Elastic’s ability to infer meaningful entities, relationships, and significant operational events from telemetry, these capabilities will help engineering teams investigate and resolve production issues faster.
The Foley team was led by partner Brian Wheeler and included senior associate Erik Nguyen and associate Wesley Choi. The team also included partners Rishi Sodhi and associate Jacob Davis (Tax), partners Joe McClendon and Daniel Farris (Intellectual Property), partner Kathleen Dreyfus Bardunias and associate Gage Maurer (Executive Compensation & Benefits), partner Peter Stockburger (AI), and partner Travis Jang-Busby (Labor & Employment).