3. Ramin Sayar, Sumo Logic

Francisco Partners, a global investment firm, is making wave by acquiring publicly traded Sumo Logic for $1.7 billion, taking the company private. Francisco Partners should complete its acquisition of Sumo Logic in the second quarter subject to customary closing conditions.

Ramin Sayar is Sumo Logic‘s CEO. He said Sumo Logic has created a trusted, cloud-native, SaaS analytics platform for observability and security. It enables customers to transform complexity into insights and accelerate their cloud transformation adoption.

“Today’s announcement represents a compelling outcome for our stockholders,” he said. “We are delighted at the prospect of partnering with Francisco Partners in the next phase of Sumo Logic’s journey.”

Will this result in a positive outcome for Sumo Logic? Find out more here.