LogRhythm & Exabeam Join Forces in AI Security
Uniting Leaders in Cybersecurity Innovation
LogRhythm and Exabeam, two global cybersecurity innovators, have announced a transformative merger to redefine the landscape of AI-driven security operations. Both organizations, recognized for their SIEM and UEBA expertise, aim to deliver next-generation solutions for threat detection, investigation, and response (TDIR). This strategic collaboration will leverage the strengths of both companies, enhancing their ability to tackle modern cyber threats.
A Shared Vision for Advanced Cybersecurity Solutions
“Our combined expertise and aligned vision will accelerate innovative AI-driven cybersecurity solutions worldwide,” said Chris O’Malley, CEO of LogRhythm. “With over two decades of excellence in SIEM and UEBA, we are creating an organization that embodies the best of both companies. Vigilant CISOs have long awaited a customer-focused leader in AI-driven security operations, and that day has arrived.”
The merger aims to bring enhanced R&D investments, expanded product innovation, and improved service coverage. Customers will gain access to an extensive portfolio of AI-driven solutions, including both cloud-native and on-premises options.
Strengthening Security Operations with AI and Automation
“As a unified entity, we will drive innovation by combining AI, automation, SIEM, security analytics, and UEBA,” stated Adam Geller, CEO of Exabeam. “With the cloud and AI as unstoppable forces in the market, we are excited to address the evolving needs of our customers. Our recognition as a Leader in the 2024 Gartner® Magic Quadrant™ for SIEM reflects our commitment to delivering unparalleled efficacy, speed, and scalability.”
The merger is expected to close in Q3 2024, pending regulatory approvals and customary closing conditions. Legal and financial advisors, including J.P. Morgan Securities LLC, Goodwin Procter LLP, and Kirkland & Ellis LLP, are facilitating the transaction.
About LogRhythm
LogRhythm empowers security teams to prevent breaches by transforming disconnected data into actionable insights. Utilizing sophisticated machine learning, the platform identifies anomalies in network traffic and user behavior, enabling fast and accurate responses to cyber threats.
With flexible deployment options, seamless integrations, and advisory services, LogRhythm ensures value realization and adaptability to the evolving threat landscape. Its solutions help organizations confidently monitor, detect, investigate, and respond to cyberattacks.
About Exabeam
Exabeam is a leader in AI-driven security operations. As the first company to integrate AI and machine learning with SIEM, Exabeam’s solutions offer advanced behavioral analytics and TDIR workflows.
The Exabeam Security Operations Platform combines cloud-scale log management, powerful analytics, and automated investigation tools, enabling organizations to detect threats and defend against cyberattacks. Exabeam excels at identifying risky activities and provides actionable insights for faster, more effective responses.
Cybersecurity Solutions in Ukraine
NWU, the official Exabeam distributor in Ukraine, ensures businesses and government organizations access world-class cybersecurity solutions. Ukrainian clients benefit from Exabeam’s robust SIEM functionality, critical automation tools, and advanced threat detection capabilities.
NWU offers local expertise for implementing Exabeam’s platform, ensuring seamless deployment and effective operation. Businesses gain a trusted partner for comprehensive security solutions, including behavioral analytics and incident management, to preemptively defend against sophisticated cyber threats.
Future Prospects: Redefining AI-Driven Cybersecurity
This merger marks a pivotal moment in the evolution of AI-powered security operations. By uniting LogRhythm’s expertise in log management and Exabeam’s strength in behavioral analytics, the combined company promises a new era of cybersecurity innovation.
Organizations worldwide can expect cutting-edge solutions designed to meet the demands of a dynamic threat landscape, ensuring resilience and operational excellence.
