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cloud enterprise

Cloud App Monitoring Firm New Relic Switches CEOs

By
Kevin McLaughlin
· · Source: The Information

Shares of New Relic, which sells software for monitoring performance of cloud applications, dropped more than 5% after the company announced it is switching CEOs. President and Chief Product Officer Bill Staples is taking over for founder and CEO Lew Cirne, who is moving to executive chairman on July 1. New Relic, founded in 2008, was an early player in a market that is becoming increasingly...

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