Not hating on Quickwit, but almost never does an acquisition in the modern era mean continual innovation, most companies are now suborned to a greater purpose, and its almost never going to drive them to build the best thing they already have ended their lifecycle - nobody is going to buy them from DD and their quality/dev process will dominate, and that is of a decent size corporation.
It also looks like most of DD's observability acquisitions are either integrated directly (seemingly with a full rewrite) or look a lot like aquihires for senior folks, so I wouldn't hold my breath here.