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BigPanda acquires Velocity for IT operations boost

PRIVATENov 10, 2025

Acquiring Company

BigPanda

Acquired Company

Velocity

Redwood CityLondonInformation TechnologySoftwareArtificial IntelligenceManufacturingSoftware

Description

BigPanda has acquired Velocity to enhance its leadership in agentic IT Operations with AI-driven automation. This acquisition will support BigPanda's vision of transforming IT operations by automating manual tasks and improving resilience. Tal Kain from Velocity will join BigPanda as VP of AI Detection and Response.

Company Information

Company

BigPanda

Location

555 Twin Dolphin Drive Suite 155

Redwood City, California, United States

About

BigPanda keeps the digital world running with Agentic AI, artificial intelligence that enables autonomous systems to make decisions and perform tasks without constant human intervention. Beyond other AIOps solutions, the BigPanda platform responds to and prevents IT incidents at machine speed, improving operational efficiency and delivering exceptional service reliability.

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Frequently asked

Who acquired Velocity?

Velocity was acquired by BigPanda, based in Redwood City. The deal was reported on November 10, 2025. BigPanda keeps the digital world running with Agentic AI, artificial intelligence that enables autonomous systems to make decisions and perform tasks without constant human intervention. BigPanda is privately held and operates in Information Technology.

When did BigPanda acquire Velocity?

BigPanda's acquisition of Velocity was reported on November 10, 2025. BigPanda has acquired Velocity to enhance its leadership in agentic IT Operations with AI-driven automation. This acquisition will support BigPanda's vision of transforming IT operations by automating manual tasks and improving resilience. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Velocity do?

It is publicly traded (VEL), operating in Manufacturing, and is based in London.

This company was part of an acquisition. Fundz tracks who bought whom, and who to call on both sides.

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