Blackstone Acquires Majority Stake in NetBrain at $750 Million Valuation
Blackstone Acquires Majority Stake in NetBrain at $750 Million Valuation

Blackstone Acquires Majority Stake in NetBrain at $750 Million Valuation

News summary

Blackstone Growth and its affiliated funds have acquired a majority stake in NetBrain Technologies, valuing the network automation and AI platform at $750 million. This investment aims to accelerate NetBrain's innovation, expand its global presence, and scale its AI-powered platform to meet the increasing demand for intelligent network automation solutions. NetBrain leads the market with its intent-based network automation technology, which creates a digital twin of networks and automates many manual network operations and security tasks. The company's platform helps manage complex enterprise networks, including those of over one-third of the Fortune 500, by shifting workloads to automation and AI, improving outage resolution, change execution, and security. Blackstone's move reflects confidence in AI's transformative potential within the $30 billion network operations market. This investment will support NetBrain's continued growth amid rapidly evolving cloud and software-defined networking architectures.

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