Exabeam and LogRhythm Complete Merger

Exabeam and LogRhythm, global leaders in SIEM (Security Information and Event Management) and UEBA (User and Entity Behavior Analytics), have officially announced their merger. This groundbreaking partnership is set to redefine the cybersecurity landscape, providing organizations with cutting-edge tools to enhance threat detection, investigation, and response (TDIR).

The combined expertise of these two industry powerhouses will lead to innovative solutions tailored to meet the challenges of modern cybersecurity. By joining forces, Exabeam and LogRhythm aim to establish a unified platform for efficient and effective security operations.

Key Benefits of the Merger

The ever-evolving threat landscape requires advanced tools that adapt to organizations’ growing needs. Exabeam and LogRhythm’s partnership marks a significant step toward achieving this goal.

Chris O’Malley, CEO of LogRhythm, highlighted the importance of this collaboration:

“We’re combining our strengths to create a company that delivers unparalleled cybersecurity solutions. This partnership reflects our shared vision for advancing security operations worldwide.”

With more than 20 years of combined experience, the merger brings together best-in-class SIEM and UEBA expertise.

Key Benefits for Customers

The merger introduces several advantages, including:

• Expanded AI-Driven Solutions: A broader portfolio offering cloud-native and on-premises options.
• Enhanced Ramp;D Investments: Accelerated innovation to address complex cybersecurity challenges.
• Comprehensive Support: Improved global service coverage across diverse industries and regions.

These benefits empower organizations to simplify security operations and stay ahead of cybercriminals.

Advanced AI and Automation Integration

This partnership combines Exabeam’s and LogRhythm’s flagship technologies to deliver a holistic approach to combating cyber threats.

Adam Geller, CEO of Exabeam, emphasized the merger’s potential:

“Our collaboration sets new standards in AI-driven security operations, addressing critical needs for advanced TDIR capabilities.”

Key innovations from this partnership include:

1. Behavioral Analytics: Leveraging AI to detect anomalies by understanding normal user behavior.
2. Cloud-Native Scalability: Processing millions of log events per second for unmatched data analysis capabilities.
3. Streamlined Workflows: Automating investigations with context-aware threat prioritization.

Recognized Industry Leadership

Exabeam’s recognition as a Leader in the 2024 Gartner® Magic Quadrant™ for SIEM—its fifth consecutive year—underscores its commitment to innovation. Gartner recognizes leaders who excel in product functionality and have a clear vision for future market needs.

LogRhythm’s proven track record in delivering scalable SIEM solutions further solidifies the merged company’s position as a global cybersecurity leader.

Supporting Ukrainian Organizations with Exabeam Solutions

Exabeam’s partnership with NWU, the official distributor in Ukraine, extends these innovative solutions to businesses and government organizations.

Ukrainian entities gain access to:

• Localized Expertise: NWU provides tailored guidance for deploying and optimizing Exabeam’s platform.
• Seamless SIEM Functionality: Comprehensive threat detection and incident management tools for robust security.
• Proactive Threat Defense: Behavioral analytics and automation for advanced threat prevention.

Partnering with NWU ensures efficient deployment and operation of Exabeam’s solutions, empowering Ukrainian organizations to secure their digital environments effectively.

Tackling Modern Security Challenges

The partnership addresses pressing challenges faced by security teams, including:

• Data Overload: Tools to analyze vast log data quickly and efficiently.
• Skill Shortages: Automating routine tasks to free up analysts for critical work.
• Complex Environments: Solutions that integrate seamlessly into diverse IT infrastructures.

These advancements allow organizations to enhance their security operations while reducing costs.

Strategic Timeline and Industry Backing

The merger is slated for completion in Q3 2024, subject to regulatory approvals. Leading advisors, including J.P. Morgan Securities LLC and Goodwin Procter LLP, have lent their expertise to facilitate this transaction.

About Exabeam

Exabeam’s AI-driven platform revolutionizes SIEM with advanced log management, behavioral analytics, and automated workflows.

Core features include:

• Cloud-Scale Data Management: Processing millions of events per second efficiently.
• Generative AI Integration: Automating investigations with actionable insights.
• User-Focused Design: Empowering teams to achieve consistent, repeatable security outcomes.

About LogRhythm

LogRhythm turns disconnected data into actionable insights, empowering security teams to detect and respond to threats with speed and precision.

Key features include:

• Deployment Flexibility: Cloud-native and self-hosted options to meet diverse needs.
• Machine Learning: Identifying anomalies in network traffic and user behavior.
• Seamless Integrations: Out-of-the-box compatibility for rapid deployment and ROI.

Supporting a Global Vision

Exabeam and LogRhythm’s combined resources will enhance security across industries, from finance to healthcare to government. This partnership represents a bold step forward, offering organizations the tools they need to succeed in a rapidly evolving cybersecurity landscape.

By uniting their strengths, Exabeam and LogRhythm are not just merging—they are setting the stage for a new era in AI-driven security operations.